Geithner Headed To China For Economic Talks Next Month

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MARTIN CRUTSINGER | May 12, 2009 12:28 PM EST | AP

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WASHINGTON — The administration says Treasury Secretary Timothy Geithner will travel to Beijing early next month for meetings with senior Chinese officials.

It will be Geithner's first trip to China since he became Treasury secretary.

The Treasury Department says Geithner's discussions on June 1-2 will cover ways to strengthen U.S.-China economic ties. The administration earlier this year said it will continue to hold high-level talks with China started by the Bush administration, although the frequency of the meetings was halved to once a year.

The first of those talks is scheduled for this summer in Washington.

WASHINGTON — The administration says Treasury Secretary Timothy Geithner will travel to Beijing early next month for meetings with senior Chinese officials. It will be Geithner's first trip to ...
WASHINGTON — The administration says Treasury Secretary Timothy Geithner will travel to Beijing early next month for meetings with senior Chinese officials. It will be Geithner's first trip to ...
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- Rog49Thomas I'm a Fan of Rog49Thomas 192 fans permalink

I believe he's looking for the "mother of all bailouts".

Let's hope the Chinese are good Keynsians.

    Favorite    Flag as abusive Posted 07:01 PM on 05/12/2009

The only thing that will be accomplished are instructions from the gracious, firm Chinese leadership about the need for more belt tightening and frugality, more availability of cheaper coal, bauxite, lead and other valuable resources. Also, at the right price " We (the Chinese) may purchase some of your corn, soybeans and wheat. Maybe even some beef."
"Additionally, we shall purchase what is left of your automobile and truck production plant and equipment. And don't forget to import twice as much from us next year as you have been doing. Such expansion of trade will make possible our purchase of your debt."
The obsequious Treasury Secretary Tim Geithner responds: "You are overly generous. We will do everything to oblige you and cement our relationship. Is there anything else?"

    Favorite    Flag as abusive Posted 06:50 PM on 05/12/2009
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China: Things going as planned?

Geithner: Yes.

China: Things going as planned?

Hillary: Yes.

    Favorite    Flag as abusive Posted 06:37 PM on 05/12/2009
- FairTalk I'm a Fan of FairTalk 18 fans permalink
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I recommend that Geitner study the Chinese saying..."Even between brothers, the money must be straight."

    Favorite    Flag as abusive Posted 04:15 PM on 05/12/2009
- ibsteve2u I'm a Fan of ibsteve2u 146 fans permalink
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It is a race: Will one of our enemies defeat us on the battlefield before "Big Finance" can simply sell us?

    Favorite    Flag as abusive Posted 04:11 PM on 05/12/2009
- loki I'm a Fan of loki 134 fans permalink
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I guess since China has changed their citizenship laws, Geithner is going to apply for it. The chinese gov now allow non chinese born people to apply for citizenship, and so far they have only allowed a few in, but htose have a been very very wealthy few. Which I am sure Geithner has slipped away a few billion of Tarp funds for his own personal bail out or America Plan.

    Favorite    Flag as abusive Posted 04:10 PM on 05/12/2009
- kappa08 I'm a Fan of kappa08 82 fans permalink
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bring your knee pads....

    Favorite    Flag as abusive Posted 03:47 PM on 05/12/2009
- yappnmutt I'm a Fan of yappnmutt 76 fans permalink

geithner practicing his speech: please,please, pretty please. i beg you, please. i will work for food. i will give you all our middle class has to give. please!

chinese response: ok. get up off the ground. stand up. put on the pink tutu and the thong. dance the funky chicken and sing like amy whinehouse while eating your boogers and licking my exit point and we will think about it.

    Favorite    Flag as abusive Posted 02:16 PM on 05/12/2009
- munki I'm a Fan of munki 35 fans permalink
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After Geithner bad mouthed China in early months...
Bet they have not forgotten...

That is why... never to say negatively and get involved in other country's internal affairs...
Hope China will not call on what we already borrowed...

    Favorite    Flag as abusive Posted 02:08 PM on 05/12/2009
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geithner going to china to beg more loans, China says NO

    Favorite    Flag as abusive Posted 01:53 PM on 05/12/2009
- notAMoron I'm a Fan of notAMoron 5 fans permalink

I think you have a crystal ball and have predicted next week's headline.

    Favorite    Flag as abusive Posted 02:31 PM on 05/12/2009
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