Pressure on China
Lawmakers pressed China’s President Hu Jintao to get tough on North Korea and improve human rights on Thursday, but trod more softly on the currency dispute that is a major irritant between the world’s top two economies.
Its undervaluing of the yuan makes China’s exports artificially cheap, critics charge, and contributes to a trade gap that Washington puts around $270 billion.
“This … unfairly tilts the playing field toward domestic Chinese companies,” said Rick Larsen, the Democratic co-chairman of the bipartisan U.S.-China Working Group in the House.
Beijing residents said BBC and CNN broadcasts of the summit went blank when questions moved to human rights and anti-Chinese protesters.