• ECONOMY
  • FEBRUARY 18, 2011, 7:57 A.M. ET

India, Brazil to Press China on Yuan

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BY COSTAS PARIS AND KANGA KONG

PARIS–Brazil and India will join the U.S. in putting pressure on China to let its currency appreciate at a faster pace during meetings of finance ministers and central bankers from the group of 20 leading economies, an official at a G20 government said Friday.

"The three countries have formed an unofficial pact to express their disappointment," said the official.

Better coordination of global monetary policies is one of the hot-button issues on the table at the G20 meetings Friday and Saturday. Central to the talks is the Chinese currency, the yuan, which many of China's trading partners complain has been ...

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