Timothy Geithner. Photo: White House

New York Times – BEIJING — Treasury Secretary Timothy F. Geithner pressed Chinese senior leaders on Wednesday to join an American-led campaign to reduce sharply Iran’s lucrative oil exports because of its nuclear program. And as they had before Mr. Geithner’s arrival here on Tuesday, Chinese officials said publicly that they wanted no part of the effort.

But President Obama’s administration, armed with a new law that would punish foreign financial institutions that deal with Iran, appeared undeterred.

Read full story.