WASHINGTON, May 29 (UPI) -- U.S. Treasury Secretary Timothy Geithner's upcoming trip to China is the Obama administration's first one-on-one economic meeting with Beijing.
Geithner is expected to be conciliatory, staying away from a direct confrontation on China's valuation of its currency, The Washington Post reported. President Obama, as a candidate, advocated a tough approach to China's alleged boosting of its exports by undervaluing the reminbi.