• Geithner expects to talk about recovery prospects with the Chinese and additional measures that can be taken to to reinforce the recovery, a Treasury spokesman says.
  • Yuan flexibility and improving domestic demand are on the docket
  • more balanced Chinese growth will be discussed
  • Willing to discuss US budget gap and US willingness to reduce it
  • Official says doesn’t know if the dollar’s reserve status will come up (It will.)
  • Dollar to play important role as global currency for a long time
  • As long as US maintains deep, liquid markets, will attract capital