China will make its own call on yuan, Hu tells Obama

BEIJING: China will chart its own course in reforming the yuan, President Hu Jintao said as US President Barack Obama renewed his call for a more flexible Chinese currency.

The two heads of state, meeting for the first time since Sino-US tensions over the yuan threatened in recent months to escalate into a serious trade dispute, chose their words carefully and, in the view of investors, left the door open for Beijing to resume appreciation in the coming weeks.