U.S. Treasury's Geithner to host China's Yang
WASHINGTON, March 9 (Reuters) - U.S. Treasury Secretary Timothy Geithner is scheduled to host bilateral talks with Chinese Foreign Minister Yang Jiechi on Wednesday, a Treasury official told reporters on Monday.
The two are expected to discuss a host of issues, including Beijing's purchase of U.S. debt and China's currency regime.
Geithner upset China earlier this year when he said China was manipulating the value of its currency to keep it artificially low to help Chinese exports.
U.S. officials later said Geithner was merely repeating comments President Barack Obama had made during last year's presidential campaign and the U.S. Treasury Department had not made a formal finding that China was manipulating its currency.
Yang is in the United States from March 9-13 to meet with a host of U.S. officials.
A day after the meeting with Yang, Geithner travels to London for a meeting of finance ministers from the Group of 20. The Treasury chief is expected to brief his counterparts on his plans to stabilize financial markets in the world's largest economy. (Reporting by Corbett B. Daly; Editing by Leslie Adler)
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