US Treasury chief Geithner flown to Beijing to meet Vice-Premier Wang Qi-Shan. Analysts saw Geithner's visit as a effort to seek a deal for revaluation of the Yuan, but also agreed that the likelyhood for Yuan's appreciation would be small. Even Beijing is willing to resume its currency rise in this year, it could be limited in the range of three to five percent.
Obama administration have been under mounting pressure from Congress and businesses, which argued that an undervalued Yuan was undermining US economic.
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