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China, US agree on exchange rate steps

01-21-2011 14:17 BJT Special Report:Chinese President Hu Jintao Visits US |

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China will stick to its policies for reforming the renminbi exchange rate, and the U.S. will guard against turbulent movements in the dollar. That's according to a statement released after a meeting between Chinese President Hu Jintao and U.S. President Barack Obama.

The statement also says the two countries have agreed to monitor the effects of monetary policy on the international economy.

Editor:Xiong Qu |Source: CNTV.CN

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