Will Treasury Secretary Lew get tough on China?
U.S. Treasury Secretary Jack Lew is in Beijing this morning wrapping up his two-day visit to China. It’s his first foreign trip in his new role and the first high-level talks between the U.S. and China in six months.
Like treasury secretaries before him, Lew is urging China’s leaders to allow its currency to appreciate. But a more important item on his agenda — and a trickier one — is intellectual property theft. Lew is confronting China’s officials about allegations its military hacked top U.S. companies.
Marketplace China bureau chief Rob Schmitz joins Morning Report host Jeremy Hobson to explain how Secretary Lew compares to his predecessors and why some expect him to be tougher on China.
There’s a lot happening in the world. Through it all, Marketplace is here for you.
You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible.
Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.
