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(Image from article: "G-20 refuses to back US push on China's currency")

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G-20 refuses to back US push on China's currency

Leaders of 20 major economies on Friday refused to back a U.S. push to make China boost its currency's value, keeping alive a dispute that raises fears of a global trade war amid criticism that cheap Chinese exports are costing American jobs.

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U.S. set to be a posse of one on China yuan at G20

Treasury Secretary Timothy Geithner faces a lonely campaign to make China's currency a major issue at the next Group of 20 summit as would-be allies shrink from confronting Beijing.

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