U.S. Treasury Secretary Paul O'Neill (C) and Under Treasury Secretary designate John Taylor (R) chat before their bilateral meeting with Chinese Finance Minister Xiang Huaicheng (not pictured) during the Asian Development Bank (ADB) conference at the Hawaii Convention Center in Honolulu, May 10, 2001. The closed-door meeting involved the highest ranking officials from the two countries since the April 1, 2001 midair collision between the U.S. Navy EP-3E spyplane and the Chinese military interceptor jet. REUTERS/Anthony P.

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