News Source: Xinhuanet.com
| 6 months ago
Though opinion is divided sharply over the necessity to buy more US treasury bonds, few Chinese would think that the country's vast holdings of US financial assets are secure as long as the dollar's long-term value is in doubt. US Treasury...
News Source: Financial Times
| 6 months ago
Speaking on the second day of a closely watched visit to Beijing, Tim Geithner said there was “a very sophisticated understanding” in China about why the US needs to run large budget deficits in the short term, although he repeated the pledge to...
News Source: Asian Wall Street Journal
| 6 months ago
Treasury Secretary Timothy Geithner said Tuesday he believes Chinese leaders understand U.S. measures to tackle the financial crisis and are confident in the U.S. economy, while he in turn praised China's own stimulus measures for helping steady the...
News Source: CNN
| 6 months ago
China agrees with the United States that the dollar will remain the world's main reserve currency for a long time to come, U.S...Chinese central bank governor Zhou Xiaochuan has floated the long-term possibility of replacing the dollar as the world's...
News Source: Sify News
| 6 months ago
Timothy Geithner's first trip to China as treasury secretary comes at a vulnerable time for the Obama administration. Mired in a brutal recession, the United States needs Beijing to buy more American goods, allow its currency rise and make other...
News Source: The independent
| 6 months ago
The American Treasury Secretary, Timothy Geithner, has sought to reassure the Chinese government that their dollar-denominated assets are secure. Mr Geithner, during his first official visit to China, told an audience at Peking University in Beijing...
News Source: The Nation
| 6 months ago
The trouble with the whole "Nixon goes to China" theory -- which is grounded in the calculus that big progress is made when a politician goes against type to address a seemingly intractable challenge -- is that sometimes the "bold" gesture is really...