Business briefs: Henry Paulson and China

As Henry Paulson meets this week with Chinese leaders, the U.S. Treasury secretary faces new pressure in Congress. Paulson has appealed for patience, saying dialogue launched last December needs time to produce results on complaints about China’s currency controls, product piracy, barriers to foreign entry into its financial industries, and other issues.

Maggie Wilderotter

Yahoo Inc. (YHOO) named the veteran telecommunications executive as a director Friday, the first addition to the slumping Internet icon’s board since co-founder Jerry Yang took over as chief executive officer last month. Wilderotter is chairwoman and CEO of Stamford, Conn.-based Citizens Communications Co., which provides telephone and Internet service.

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