Big issues unresolved in Paulson's final China dialogue

But the U.S.-China Strategic Economic Dialogue, or SED as it is called, also left many large issues unresolved and served to highlight tensions between the world's biggest economy and the world's largest developing one.

For the Americans, they include efforts to open China's financial sector to U.S. securities firms and longstanding tensions over government control of the yuan, whose weakness against the dollar has helped fuel a yawning trade gap between the two countries.

Some economists say the government is intentionally pushing down its currency, a move that would help Chinese exporters by lowering prices on goods they sell overseas. Others say it's designed to warn the United States against pushing China too hard on trade, currency and other economic issues.

[being a totalitarian regime, China can, and does, use its economy as a weapon]

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