U.S. Treasury Secretary Timothy Geithner (Timothy Geithner) Thursday (10) that the United States will use all available means to urge China to revalue its currency, meanwhile the Ministry of Finance will  reconsider releasing  time and report of exchanging rate.

Geithner said,he is not clear whether there will be major changes of China’s RMB exchange rate in a  short term.”

Geithner also said the U.S. aim is to encourage China to revalue its currency as soon as possible, the United States will use all available means, including, held in Toronto, the Group of Twenty (G20) meeting, urged China to adjust exchange rates.

money’s Views

The currency exchange rate is not the uniqe problem of American economy. After a disaster of USA economy, most of American are poor now. In this time, If you urge RMB revalue its exchanage rate, it would reduce the consume,which will damage the ecomoy development of USA.