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China, US reach consensus on currency rate reform

By Ding Qingfen and Wang Bo | China Daily | Updated: 2010-05-26 07:51

China, US reach consensus on currency rate reform

President Hu Jintao is introduced to members of the US delegation by US Secretary of State Hillary Clinton as US Treasury Secretary Timothy Geithner watches at the Great Hall of the People in Beijing on Tuesday. Wu Zhiyi / China Daily

BEIJING - China will chart its own course on currency reform based on its needs, and external pressure will only delay the reform, Assistant Finance Minister Zhu Guangyao said on Tuesday.

China, US reach consensus on currency rate reform

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