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Monday, January 17, 2011

postheadericon The U.S.-China relationship (Treasury Secretary Geithner)

Treasury Secretary Timothy Geithner gave these remarks Wednesday morning.

Next week, President Obama will host President Hu Jintao at the White House. 

This State Visit takes place at a time of important transition for the world economy, the Chinese economy, and the U.S. economy.

The global economy is emerging from the financial crisis, but that crisis has left lasting scars that will take years to repair.  And it has left a growing gap between the growth trajectories of the large developed economies and the rapidly growing emerging economies. 

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