Hu Jintao next month will put pressure on Obama to accelerate the appreciation of RMB

Brainard said U.S. Deputy Treasury Secretary, President Obama will take advantage of the summit next month, more than one occasion, met with Chinese President Hu Jintao, to speed up the pace of yuan appreciation. Brainard said the G20 summit, the Asia-Pacific Economic Cooperation Forum and the East Asia Summit will give Obama the opportunity to continue on the currency issue, Hu Jintao to pressure to make progress, so the Ministry of Finance to postpone ...Hu Jintao next month will put pressure on Obama to accelerate the appreciation of RMB