Treasury Secretary Tim Geithner will pressure Chinese officials on the issue of trade discrimination when he meets with them for a high-level dialogue in Beijing next week, reported the Wall Street Journal. "We need to continue to work to make sure that American companies are competing on a level playing field," said Geithner. While American companies are concerned that they are being increasingly squeezed out of mainland competition by government regulations, in 2009 the US implemented 23 policies to interfere with the trade of Chinese goods, an increase of 53% over the previous year. With the European sovereign debt crisis still ongoing, the topic of currency appreciation is expected to play a much smaller role within the discussions.
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