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US and China eye economic co-ordination

Tim Geithner, US Treasury secretary, begins two days of top-level economic talks in Beijing on Monday amid a tightening focus on the need for the US and China to co-ordinate their exit strategies from the financial crisis. Mr Geithner will stress the US desire for China to gain influence in multilateral economic debates in the hope that this will assuage China’s dissatisfaction at the current economic order, the FT said.