Source: CCTV.com

06-19-2008 17:19

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Background Report:

Speical Report: 4th China-US Strategic Economic Dialogue

The 4th round of strategic economic dialogue between the US and China promises to overcome barriers for issues of currency, trade and investment.

With the appreciation of the RMB, the slowdown of China’s exports, however, fails to live up to the expectation of the US, fueling trade protectionism.

But Mr. Wang Qishan, Chinese Vice-Premier who replaced Madam Wu Yi to head the Chinese delegation, got one article published in the Financial Times recently calling for closer cooperation in research and development of green technologies.

Will the green alliance be forged to tackle the climate change? Are the two sides making any remarkable and faster progress?