 | US Secretary of the Treasury John Snow puts on earphones ahead of a conference of the 7th G20 Finance Ministers and Central Bank Governors Meeting in Xianghe, Hebei province, China, October 15, 2005. Top US and Chinese economic leaders have launched annual talks in Beijing with Washington agitating for sweeping changes to China's heavily controlled economy and financial markets. click to open  |
 | U.S. Treasury Secretary John Snow receives a deep-fried twisted dough stick from a vendor at a market in Mulan township in Chengdu city, southwest China's Sichuan province, October 13, 2005. Snow on Thursday got a closer look at how ordinary Chinese live before he takes his case for accelerated currency reform to China's leaders in Beijing at the weekend. click to open |
 | A bank worker carries bundles of 100-yuan notes at a branch of Industrial and Commercial Bank of China in Nanjing, east China's Jiangsu province September 23, 2005. China's central bank on Friday widened the daily permitted trading band for the yuan against non-dollar currencies to 3.0 percent from 1.5 percent and eased curbs on the bid/ask spreads banks may quote clients. click to open |
 | A Chinese woman walks past a poster advertising a foreign exchange business at a bank in Shanghai August 11, 2005. China's yuan strengthened further to a new post-revaluation high versus the dollar on Thursday, a day after the central bank revealed the foreign currencies in its reference basket. click to open |
 | Chinese bank staff count U.S dollar banknotes at a branch of the Minsheng Bank of China in Nanjing, in eastern China's Jiangsu province. China finally bowed to two years of political and market pressure on Thursday by revaluing the yuan by 2.1 percent and leaving the door open to further rises by abandoning the currency's decade-old peg against the dollar. Photo taken July 4. Photo by China Newsphoto/Reuters dollar. Picture taken on July 4, 2005. click to open |
 | China bowed to months of market and political pressure on Thursday by revaluing the yuan by 2.1 percent and abandoning the currency's decade-old peg against the dollar. In a long-awaited move that it said would improve the running of the economy and give more play to market forces, the central bank said the yuan's value from now on would be linked to a basket of currencies of China's main trading partners. Shopper hands Chinese money to a cashier in Beijing in this May 27, 2004 file photo. click to open |
 | China bowed to months of market and political pressure on Thursday by revaluing the yuan by 2.1 percent and abandoning the currency's decade-old peg against the dollar. In a long-awaited move that it said would improve the running of the economy and give more play to market forces, the central bank said the yuan's value from now on would be linked to a basket of currencies of China's main trading partners. Picture taken in Hai'an, May 17, 2005. click to open |
 | A cashier counts Chinese banknotes in Beijing. Chinese government's adopted a more flexible exchange rate for the yuan on July 21, 2005 click to open |
 | A Chinese worker inspects spools at a textile company in Shangrao, east China's Jiangxi province June 5, 2005. U.S. Treasury Secretary John Snow said in an opinion piece published on June 6th 2005 that he had few doubts that China was ready to reform its currency regime and warned risks of delay far outweighed concerns about immediate reform. click to open |
 | A Bank of China employee counts five-yuan bank notes in Beijing. China's central bank said on Nov 5th 2004 it would take a "gradual and safe" approach to loosening the yuan-dollar peg, following International Monetary Fund calls to let the currency float in a wider margin. click to open |
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