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Geithner to meet top Chinese leaders

Posted on 27 May 2009 by Congress Check




AFP | May 27, 2009

US Treasury Secretary Timothy Geithner will meet with President Hu Jintao to discuss expansion of ties and current economic turmoil during his trip to Beijing on June 1-2, officials said Wednesday.

The economic pointman of President Barack Obama will also meet Premier Wen Jiabao and Vice Premier Wang Qishan during the visit, his first to China since taking office on January 26.

The meetings would involve "a range of issues of importance to both countries, including strengthening US-China economic ties to promote stable, balanced and sustained economic growth in the two nations and further global economic recovery," a Treasury statement said.

Dallas Federal Reserve: Unfunded Pension and Health Care Liabilities Exceeds $99 Trillion Dollars 335x205 graph128c ajGeithner will also deliver a speech on US-China economic relations at Peking University and participate in an event at the Beijing Capitol Museum highlighting the role of US companies in China?s economic development efforts, the statement said.

It would also feature cooperation on clean energy, "demonstrating the opportunity both the US and China have to be global leaders in reducing climate change," it said.

Analysts believe Geithner will have to grapple with a plethora of issues during the trip, ranging from US suspicion China is manipulating its currency for trade gains to Beijing openly questioning the US dollar’s special status as the leading global currency.

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