My comment: 1.- China Bought More U.S. Securities (1). However, China’s purchases slowed and most were in short-term Treasury bills. Just weeks before China’s officials questioned whether such investments were safe.
2.- In its first semiannual report on foreign-exchange policies since Geithner became secretary, the Treasury said that while the yuan remains “undervalued,” no country “met the standards” for illegal currency manipulation during the period of the report, from July 2008 through December 2008. The conclusion clashes with Geithner’s January 22 statement to a Senate panel that “President Obama -- backed by the conclusions of a broad range of economists -- believes that China is manipulating its currency.” (2) Sometimes, this world makes me smile. In any case, good to see that, despite unfortunate comments, they reached a win-win agreement. I guess that it must happen at the begining of any relation. Peace and best wishes. Xi (1) China Bought More U.S. Securities Even as Its Concerns Grew http://www.bloomberg.com/apps/news?pid=20601087&sid=ahckIGO9Dqp8&refer=home (2) Geithner Refrains From Labeling China a Manipulator http://www.bloomberg.com/apps/news?pid=20601087&sid=axKYSNiJivbg&refer=home --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "World-thread" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/world-thread?hl=en -~----------~----~----~----~------~----~------~--~---
