Geithner's Bold Push For a Stronger Yuan

摘要

Treasury Secretary Timothy Geithner is known for not picking fights he can't win and keeping his differences with other countries private. At the annual meeting of the International Monetary Fund on Oct. 8-9, he shifted course on both counts.rnAfter months of publicly supporting China while privately push-rning for a stronger yuan, Geithner used the gathering of finance ministers and central bankers to publicly prod China to move faster. He said China is engaged in a "dangerous dynamic" of keeping its currency undervalued and encouraging other nations to follow suit.