U.S. Tries To Reassure China On Treasury Debt


	U.S. Tries To Reassure China On Treasury Debt

Forbes Markets

3-14-2009 8:45 AM

695 views

tags:

u.s., china, u.s. treasuries, debt, wen jiabao

Forbes Markets says:

Well, it would have to say that, wouldn't it...

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/f94705fb-b9c5-44ae-8471-7b04f2348851/1FF7B32B-653B-4770-81E1-89DF2AADFBD7/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.bloomberg.com/apps/news?pid=20601089&sid=agLiLPeFZCE4&refer=china" href="http://www.bloomberg.com/apps/news?pid=20601089&sid=agLiLPeFZCE4&refer=china" style="font-size: 11px;">www.bloomberg.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.bloomberg.com/apps/news?pid=20601089&sid=agLiLPeFZCE4&refer=china"><P>     March 14 (Bloomberg) -- The U.S. sought to ease Chinese
Premier <A href="http://search.bloomberg.com/search?q=Wen+Jiabao&site=wnews&client=wnews&proxystylesheet=wnews&output=xml_no_dtd&ie=UTF-8&oe=UTF-8&filter=p&getfields=wnnis&sort=date:D:S:d1">Wen Jiabao</A>’s concern about the security of his country’s
investments in U.S. government debt, reiterating pledges to cut
the budget deficit in half in four years.     </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.bloomberg.com/apps/news?pid=20601089&sid=agLiLPeFZCE4&refer=china"><P>“There’s no safer investment in the world than in the
United States,” White House Press Secretary <A href="http://search.bloomberg.com/search?q=Robert+Gibbs&site=wnews&client=wnews&proxystylesheet=wnews&output=xml_no_dtd&ie=UTF-8&oe=UTF-8&filter=p&getfields=wnnis&sort=date:D:S:d1">Robert Gibbs</A> said
yesterday at a briefing in Washington.     </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.bloomberg.com/apps/news?pid=20601089&sid=agLiLPeFZCE4&refer=china"><P>Gibbs was responding to comments from Wen that China, the
U.S. government’s largest creditor, is “worried” about its
holdings of Treasuries and wants assurances that the investment
is safe. “I request the U.S. to maintain its good credit, to
honor its promises and to guarantee the safety of China’s
assets,” Wen said at a press briefing in Beijing.     </P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/1FF7B32B-653B-4770-81E1-89DF2AADFBD7/blog/" title="blog or email this clip"><img src="http://content7.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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