China will not be named exchange manipulator in April

Report says, after mutual communication, it’s agreed that the issue of yuan’s rate is not listed discussing in the second round of strategic economic dialogue in May by China and the U.S., suggesting the moment suspension of quarrels on money policy. Just in February, Obama asked yet to put sensitive issue of yuan’s rate in the dialogue, when his forward team about to go to <?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" />Beijing.<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />

The second round dialogue included the negotiation of North Korea and Iran nuclear crisis. Attending the dialogue in Beijing, Deputy Secretary Steinberg intends to invite Chinese President Hu Jintao to present at the summit on nuclear safety held in May in America.

It’s well known that the U.S. is hoping the help from China over Iran nuclear crisis, who quite clear China is decisive in nuclear nonproliferation. So it’s unwise of America evoking yuan’s rate question while in need of the support from China to back it up in nuclear issues.