Geithner Reassures Chinese Creditors


Treasury Secretary promises China the U.S. will cut budget deficits, be able to repay its debts in speech at Peking University Monday.

“Chinese financial assets are safe. We have the deepest, most liquid financial markets in the world.”

Also meets with President Hu Jintao, Premier Wen Jiabao and Vice Premier Wang Quishan during his trip.

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