US delays its decision on issue of rate policy

US Treasury ruler Geithner stated on April 3 that the government would delay its decision on rate issue and the world economy to be released April 15 on schedule.  <?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" />US government would open such report every half a year and China has been labeled with “rate runner” two times in 1992, 1994 historically. <?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />

Since last year end, “discordant sound” appears roaring up in America to give pressures on yuan ups, for example, 130 Congressman urging for “manipulator” of China and the implementation of anti-dumping law from US Department of Commerce.

Senior researcher Zhao Qingming with China Construction Bank says it’s worth while to think over the delayed decision. It seems US asking for additional trade-off from China to weigh on itself.

Lu Zhengwei with Industrial Bank Corp. indicates America has been caught in a double bind whether or not to label China exchange manipulator, in US-China bilateral relation.