WASHINGTON (Reuters) ? Treasury Secretary Timothy Geithner will travel to China and Japan next week to discuss the state of the global economy and U.S. sanctions on Iran with top government officials, the Treasury Department said on Wednesday.
Geithner will meet with Chinese Vice Premier Wang Qishan on January 10 and Chinese Premier Wen Jiabao on January 11.
He will travel to Japan on January 12 to meet with Prime Minister Yoshihiko Noda and Finance Minister Jun Azumi.
President Barack Obama signed into law on Saturday new sanctions against financial institutions dealing with Iran's central bank, the latest step aimed at crippling Iran's oil supply and forcing the country to curb its nuclear program
China, the No. 1 customer for Iran's oil, and Russia have both resisted additional sanctions on Tehran and are unlikely to be swayed by the new U.S. law, analysts have said.
During his trip, Geithner will also discuss policies to promote global economic growth and efforts to support a level playing field for global trade, the Treasury said.
The United States contends an undervalued currency has given China a competitive trade edge, but the Obama administration, in a semi-annual report on currency practices last week, declined to name China a currency manipulator.
In the report, it said a faster appreciation of the Chinese yuan was needed. It also chided Japan for stepping into the currency market to stem the yen's rise.
(Reporting By Margaret Chadbourn; Editing by Chizu Nomiyama)
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