Obama unlikely to push China hard on currency

China to allow more exchange rate flexibility
President Barack Obama welcomed China's announcement Saturday that it will allow a more flexible exchange rate for its currency, saying it would help protect the economic recovery.

China's December inflation eases to 4.1 percent
China's December inflation rate eased slightly to 4.1 percent, giving Beijing more room to stimulate its slowing economy.

China’s Treasury Holdings Make U.S. Woes Its Own
Beijing has too much invested in American debt to do much more but continue to buy and grumble.

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