US, China to talk trade, currency, human rights

America's massive trade deficit with China, currency rates and human rights concerns will all be on the agenda when top officials from the United States and China sit down for high-level talks this week.

China is facing threats of U.S. economic sanctions on goods shipped here to its largest foreign market unless it does more to end what U.S. manufacturers say are unfair trade practices, including currency manipulation, that have cost American jobs.

At the same time, China, America's biggest foreign creditor, wants assurances that its $1.2 trillion in U.S. Treasury holdings are safe despite the impending congressional debate over raising the government's $14.3 trillion borrowing limit.