Bush to Press for Chinese Currency Adjustment

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President Bush is expected to meet with President Hu Jintao next week and pay his third visit to Beijing. Bush has said he would press for changes to China's currency in order to ease the U.S. trade deficit.


America's old economy businesses continue to turn to the US government for help against China. The US negotiated a trade agreement with China that restricts textile imports for the next three years. President Bush begins a trip to Asia next week and his itinerary includes a stop in China. The president has already said he will also be pressing China for more help. He told reporters yesterday that he will press for changes to China's currency, which, say US officials, has been set at levels that make the US trade deficit worse.

Our series on the US and China continues tomorrow. We'll look at piracy and the challenges of enforcing intellectual property rights.

This is MORNING EDITION from NPR News. I'm Renee Montagne.

STEVE INSKEEP (Host): And I'm Steve Inskeep.

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