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WASHINGTON (Reuters) - Beijing is likely to let its currency begin rising in value again this year in response to growing pressures at home and abroad, two U.S. private sector specialists on China said on Wednesday.

"I think China has been waiting for its exports to resume growth, which they started to do in December. That, I think, gives them the domestic cover they need to resume (a) gradual appreciation," John Frisbie, president of the U.S.-China Business Council, said during a panel discussion.

Charles Freeman, a former U.S. trade official now at the Center for Strategic and International Studies, said he agreed Beijing would allow the yuan to rise gradually this year "as long as (its) exports don't drop through the floor."

Many within China who "are deeply upset that they continue to have to spend hundreds of billions of dollar every year" to suppress the value of the currency, Freeman said.

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