“The mounting political tension between U.S. and China is poised to take on a more pronounced economic component—with Washington, in coming months, expected to press China over what officials see as an undervalued yuan.

This week, China is facing off with the U.S. over President Barack Obama’s planned meeting Thursday with the Dalai Lama, who Beijing alleges has pushed for Tibetan independence from China. On Wednesday, the U.S. State Department said Secretary of State Hillary Clinton would also meet Thursday with the exiled Tibetan spiritual leader.” Read more.