Dear Secretary Geithner,
On behalf of the members of the ENGAGE CHINA coalition, we look forward to working with you and your colleagues at the Department of the Treasury as you work to secure our nation’s economic recovery. As you prepare for the upcoming Strategic & Economic Dialogue in Beijing, we write to respectfully request that you raise with your Chinese counterparts the critical importance of further reform and modernization of China’s capital markets. The G20’s expressed priority of pursuing more balanced global economic growth and the need for continued reform and modernization of China’s financial system are inextricably linked.