Yuan seen on Snow's China agenda
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China wants to keep the yuan stable at 8.28 to the dollar.
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BEIJING, China (Reuters) -- U.S. Treasury Secretary John Snow will meet Chinese central bank chief Zhou Xiaochuan to discuss the yuan during his visit to Beijing next week, a Finance Ministry official says.
Snow, who will be in Beijing on Tuesday and Wednesday, would also meet Finance Minister Jin Renqing, the official, who declined to be identified, said Friday.
"He will definitely discuss it with Zhou Xiaochuan," the official said when asked whether Snow would raise the sensitive currency issue with the governor of the central People's Bank of China.
Central bank officials declined to comment, saying the Finance Ministry would host Snow's visit.
Most analysts believe Snow's visits to Japan and China next week will make scant headway in changing their currency policies.
The United States and other trade partners have been calling for a revaluation of China's yuan, which is pegged at around 8.28 to the dollar,. They say the current rate gives Chinese-made goods an unfair price advantage over imported products.
But top Chinese officials have shrugged off the repeated calls, vowing to keep the yuan stable while pledging to introduce some flexibility in the currency regime.
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