Geithner to call for cutting oil imports from Iran

Source: Bloomberg

Timothy F. Geithner, the US Treasury Secretary will call Asian two largest economies to reduce oil imports from Iran in his meetings with Chinese and Japanese PMs Wen Jiabao and Yoshihiko Noda. Geithner also will require China to review Yuan's exchange rate, as US insists that Chinese domestic currency is undervalued, thus creating unfair competition. 

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