the focus is on economic relations. mr. hu will have meetings with american companies and business leaders across the country during that four-day trip on monday. chinese state media reported that u.s. and chinese company have already signed $600 million in deals in the state of texas. mr. hu s advise something not without controversy. china s trade service is issue, it was around $252 billion, last year and there s renewed pressure on congress to pass a measure on what many lawmakers call china s currency manipulation. the two countries rely heavily on each other. mr. hu spotlights their deepening relationship particularly in business. in today in our brand china series we look at the driving force behind geely, employs around 13,000 workers and planning to ramp up production
u.s. dollar s position in the global currency system is a product of the past. china has also been critical of the u.s. federal reserve s quantitative easing measures, adding the u.s. monetary policy has a major impact on global liquidity and capital flows. and therefore the liquidity of the u.s. dollar should be kept at a reasonable and stable level. he also rejected arguments about timothy geithner about allowing china s dollar to depreciate, dismissing the notion it would help rein in inflation. to coincide with the chinese visit to washington, we re exploring brand china this week. we ll also be looking at china s growing economic influence spanning multiple industries. that includes a tour of geely