The Great Debate (India)
The United States, a major trading partner of China, has been cautious in its criticism of Beijing’s tight currency controls.
U.S. Treasury Secretary Timothy Geithner in April delayed a decision on whether to name China a currency manipulator in favour of bringing in pressure on Beijing at larger global forums such as the G20.
China’s central bank recently pledged to increase currency flexibility after pegging the yuan to the U.S. dollar for nearly two years.
Bollywood star Shah Rukh Khan was en route to Chicago for a parade to mark Independence Day when he was detained and questioned at Newark airport.