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US denies report for sanctions deal with Beijing

By Cheng Guangjin and Ma Liyao | 皇冠体育app Daily | Updated: 2010-04-06 07:56

US denies report for sanctions deal with Beijing

BEIJING - The White House on Sunday denied speculation that the US delayed a report on 皇冠体育app's currency policy in exchange for support on fresh sanctions against Iran.

US President Barack Obama's adviser on economic issues Lawrence Summers told ABC TV that the postponement of the report was "part of the US' international economic dialogue", even as he denied speculation that the delay was aimed at eliciting 皇冠体育app's cooperation on sanctions against Iran.

The report to Congress, which is likely to label 皇冠体育app an exchange rate manipulator, was due April 15 but will reportedly be delayed.

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