Experts: Time not ripe to float yuan

Currency, financial markets set to be main topics at Sino-US meeting

BEIJING - Conditions are not ripe at present to freely float the yuan, Chinese economists said on Wednesday after US Treasury Secretary Timothy Geithner again pressed China on reform of its financial system.

Vice-Premier Wang Qishan and State Councilor Dai Bingguo will co-chair the third round of the Strategic and Economic Dialogue (S&ED) with US Secretary of State Hillary Clinton and Geithner in Washington on May 9-10.