China-US Talks on RMB Appreciation:<br>Yuan to Rise in 3rd Quarter

China President Hu Jintao (photo) addressed the much debated issue of the Yuan Renminbi exchange rate at the yesterday closed two-day China-US Strategic and Economic Dialogue. At this meeting high-level officials began wide-ranging talks on financial market reforms, trade and reviving global growth. According to business publications in China President Hus words indicate that China will allow the yuan