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Sino US Economic Dialogue People’s Daily Online has reported fruitful discussions between the Chinese Vice Premier, Wu Yi and US Secretary of Treasury Mr Henry Paulson on 20 September. The aim was to create a strategic dialogue mechanism to resolve economic issues arising from divergences in two of the biggest economies of the World. The Sino US economic engagement has included such areas as trade, legal rights, science and technology and also sanitary and health work. CommentsThe progress of this strategic framework is likely to be limited as there are various contentious issues involved with both countries wary of each others economic clout. While China is considerably exercised over US influence of the dollar vis a vis the Ren, US is wary of the huge trade surplus that China has b...
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