Testy exchanges between the world’s biggest and third biggest economies have continued even after Obama began his first visit to China on Sunday.
A Chinese government spokesman rebuffed calls for the yuan currency to appreciate, a step Obama has urged to correct imbalances in the global economy.
U.S. Commerce Secretary Gary Locke was not so reticent about Washington’s frustrations with Beijing’s currency settings. “I think it’s quite clear all around the world as to the views of what China should do with its currency,” Locke said.
China has had a huge trade surplus with the United States, and is also the largest foreign holder of U.S. government bonds.
The U.S. trade deficit with China widened 9.2 percent in September to $22.1 billion, the highest since November 2008, according to U.S. data released last week.