Geithner in China for talks amid currency tensions (AP)

US Treasury Secretary Timothy Geithner held talks with his Chinese counterpart Sunday on economic ties, likely touching on the thorny issue of China's currency, which Washington believes is undervalued.Geithner met Vice Premier Wang Qishan in the eastern coastal city of Qingdao a day after a Group of 20 finance ministers meeting wrapped up in South Korea, a US official said."The two sides exchanged views on US-China economic relations and the preparation for the (G-20) leaders summit in Seoul," a statement released by the US Embassy said following the talks.

AFP - US Treasury Secretary Timothy Geithner will visi

US Treasury Secretary Timothy Geithner on Thursday held talks in China expected to focus on calls for a revaluation of the yuan amid signs Beijing may be ready to allow a more flexible currency.The last-minute visit comes just days before Chinese President Hu Jintao heads to Washington for an international summit on nuclear security -- suggesting the two countries are getting their relationship back on track.