Geithner holds economic meeting with Chinese

Beijing (CNN) — U.S. Treasury Secretary Timothy Geithner met Chinese leaders on Wednesday with discussions expected to focus on cooperation between the world’s top two economies to bolster global growth as well as possible sanctions on Iranian oil exports.

Geithner held talks Wednesday with Vice President Xi Jinping — tipped to become China’s next president later this year— and Vice Premier Li Keqiang.

He was scheduled to meet Prime Minister Wen Jiabao later Wednesday.

Geithner met with his counterpart, Vice Premier Wang Qishan, on Tuesday night and pledged cooperation on global economic issues.

China and the United States “have a lot of issues to talk about in the areas of economy, finance, trade and investment,” Wang said at a news briefing on Tuesday.

While China has called on the United States to loosen export regulations, Washington has said that Chinese currency controls keep the yuan undervalued and give Chinese exporters an unfair advantage at a time when the global economy is suffering.