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Expert on Geithner's China visit

2009-06-01 08:53 BJT

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Joining us on the phone is Professor Xiao Geng from Tshinghua University, who is currently in the US.

1. Hello Professor Xiao. US Treasury Secretary Timothy Geithner is making his first official visit to China. What are academics and the local media in the US expecting Mr. Geithner will achieve during his visit?

2. Among the issues to be discussed, China is probably most concerned about the safety of its holdings of US bonds. In your view, what approach will Mr. Geithner take to address this concern? And what promises do you think he might make?

3. We reported earlier in our program that a recent survey shows many Chinese economists expressing concerns over China making more investments in US Treasury Bonds. What's your view on this issue?

4. The US had been pressing China in the past over the yuan/dollar exchange rate, urging a further appreciation of the RMB. But it has recently softened its stance on the issue. In your opinion, will the currency issue remain an important issue to be discussed this time?

5. Treasury Secretary Geithner will reportedly try to persuade China to spend more. What efforts do you think both sides should make to achieve a more balanced world economy?

Editor: Xiong Qu | Source: CCTV.com