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US delays China yuan ruling ahead of Hu visit

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US Treasury Secretary Timothy Geithner said on Saturday he was delaying an April 15 report on whether China manipulates its currency but pledged to press for a more flexible Chinese currency policy.

 

The decision follows Thursday's announcement in Beijing that Chinese President Hu Jintao will attend a nuclear security summit meeting in Washington April 12-13 and seemed to be a tactic to keep tensions over currency in check. (Reuters)

 

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