CHINA: Discussions with US on currency, trade tensions

Updated July 27, 2007 19:12:25

A senior Bush Administration official is heading to Beijing to deal with economic and trade tensions between the United States and China. US Treasury Secretary Hank Paulson will discuss the valuation of the Chinese currency, along with energy and environment issues during his three day trip. His visit comes as the US Congress contemplates legislation to curb growing Chinese trade imbalances.

Presenter: Washington Correspondent Kim Landers
Speakers: Ambassador Alan Holmer, special envoy for China, Alan Tonelson, research fellow, US Business and Industrial Council