Thursday, April 1, 2010

Washington perceives some Chinese flexibility on Iran sanctions ...

Reading in organic tea leaves, or a real 'breaktrough? In the NYTimes/ here
"... The confirmation that President Hu will take part in the summit meeting came less than a day after the Chinese government appeared to throw its support behind new United Nations sanctions aimed at pressuring Iran over its nuclear program. In recent months, the five permanent members of the Security Council have been stymied by China’s insistence on diplomacy over sanctions.
Mr. Hu’s visit also will take place two days before the Obama administration is expected to decide on whether to accuse China of artificially suppressing the value of its currency. Pressure in the United States has been building in recent months to label China a “currency manipulator,” a prospect that has provoked growing consternation among Chinese officials. ..."

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