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News Story
Updated: 05/08/2012 04:44:36PM

US presses China over currency in economy talks

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Chinese Vice Premier Wang Qishan, right, talks to U.S. Treasury Secretary Timothy Geithner, left, and U.S. Secretary of State Hillary Rodham Clinton as they attend a group photo after the opening ceremony of U.S.-China Strategic and Economic Dialogue at the Diaoyutai state guesthouse in Beijing, Thursday, May 3, 2012. (AP Photo/Jason Lee, Pool)

U.S. Secretary of State Hillary Rodham Clinton, second from left, introduces an official to Chinese State Councilor Dai Bingguo, second from right, as they attend a group photo session after the opening ceremony of U.S.-China Strategic and Economic Dialogue at the Diaoyutai state guesthouse in Beijing, Thursday, May 3, 2012. (AP Photo/Jason Lee, Pool)

Chinese President Hu Jintao, left, shakes hand with U.S. Treasury Secretary Timothy Geithner during the opening ceremony of the U.S.- China Strategic and Economic Dialogue at The Diaoyutai state guesthouse in Beijing, Thursday, May 3, 2012. (AP Photo/Vincent Thian)

U.S. Secretary of State Hillary Rodham Clinton, center, smiles next to U.S. Treasury Secretary Timothy Geithner, left, and Chinese Vice Premier Wang Qishan, right, during a photo session after the opening ceremony of the U.S.-China Strategic and Economic Dialogue at the Diaoyutai state guesthouse in Beijing Thursday, May 3, 2012. (AP Photo/Shannon Stapleton, Pool)

By CHRISTOPHER BODEEN

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BEIJING (AP) — U.S. Treasury Secretary Timothy Geithner urged Beijing to let its tightly controlled currency strengthen and open its markets wider amid trade strains at a high-level economic dialogue Thursday.

Chinese officials denied the yuan is undervalued and pressed Washington to ease controls on exports of high-tech goods.

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