LOS ANGELES TIMES: President Obama told his Chinese counterpart in a private meeting that the American public and business community are growing increasingly “frustrated” with China’s economic policies, stepping up his bid to force changes that might in turn boost job growth in the U.S.
With complaints about China’s currency policy spilling into the Republican presidential contest and onto the floor of the Senate, Obama told Chinese President Hu Jintao on Saturday that his government is not moving quickly enough to remedy the problem, U.S. officials said…
Obama made the point that although American business traditionally has been supportive of U.S.-China economic ties, “over the last couple of decades there has been more and more concern and frustration … about their treatment in China and their desire for China to take further action,” Froman said… (more)
