US, China hail summit outcome

May 25, 2010 | Posted by Chris

US Treasury Secretary Timothy Geithner with Chinese President Hu Jintao, above. Via Xinhua News

A US delegation of over 200 top policy makers, including Secretary of State Hillary Clinton, Treasury Secretary Timothy Geithner and Federal Reserve Chairman Ben Bernanke, yesterday concluded its summit with top Chinese officials in Beijing, the Wall Street Journal reports. Described as the "most wide-ranging dialogue in the history of modern US-China relations," the 2-day summit touched upon a number of economic and political issues, including the exchange rate of China's currency, the renminbi, recently released guidelines for Chinese government procurement, and heightened tensions on the Korean Peninsula in the wake of North Korea's alleged torpedoing of a South Korean ship. And while both American and Chinese sides worked hard to discuss all they wanted to, it was not all work and no play: yesterday Treasury Secretary Geithner took time to shoot hoops with Beijing high school students and he and Secretary of State Hillary Clinton sat for an interview with Chinese television personality Chen Luyu, who talked movies and insisted to the Treasury Secretary that he is "one of the best looking guys in the administration."

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