EU says China, U.S. also have economic work to do

BRUSSELS (Reuters) - The United States and Japan need to tackle their tax issues and China must relax restrictions on the yuan as they share responsibility with Europe for restoring global economic health, EU leaders said ahead of a June summit of the G20 economies. In a letter addressed to all 27 European Union nations, European Commission President Jose Manuel Barroso and European Council President Herman Van Rompuy said Europe was doing all it could. ...

BRUSSELS (Reuters) - The United States and Japan must tackle their tax issues and China must relax restrictions on the yuan, as they share responsibility with Europe for restoring global economic health, EU leaders said ahead of a June summit of the G20 leading economies.

The United States and Japan must tackle their tax issues and China must relax restrictions on the yuan, as they share responsibility with Europe for restoring global economic health, EU leaders said ahead ...

BRUSSELS (Reuters) - The United States and Japan need to tackle their tax issues and China must relax restrictions on the yuan as they share responsibility with Europe for restoring global economic health, EU leaders said ahead of a June summit of the G20 economies.

Peter Morici submits:Google’s (GOOG) censorship struggle with Beijing crystallizes the challenge China poses to American global leadership.Until the Google imbroglio, we heard much about China’s undervalued currency and subsidized exports, rough treatment of foreign investors and purchases of US debt, but not enough about Beijing’s restrictions on unfretted access to information, expression and self determination.Americans

TOKYO — The United States and Japan on Sunday offered new talks with North Korea to resolve the increasingly dangerous standoff over its nuclear and missile programs, but said the reclusive communist government first must lower tensions and honor previous agreements.