China, U.S.: The Yuan Controversy Continues

The U.S. treasury secretary and Chinese vice premier will meet April 8. The meeting comes as a longtime U.S-Chinese spat over the valuation of China's currency, the yuan, heats up. While a delay in the release of a Treasury report on whether China should be labeled a currency manipulator initially set for April 15 will keep matters from coming to a head in the short term, whether Beijing can offer enough on the issue to satisfy Washington remains in doubt.