US Treasury Secretary Timothy Geithner's first visit to China on sensitive topics

"China's dollar assets are safe" for the trip to China, U.S. Treasury Secretary Timothy Geithner has shown a high degree of enthusiasm and friendliness. Yesterday, he spoke at Peking University, saying that China's rise has brought tangible benefits to the US and the world. In answering questions, Geithner made it clear for the first time that U.S. dollar assets such as Chinese holdings are safe.　　At the same time, he called on China to play a greater role in the global economic structure, and the United States will give China full support in this regard. Paving the path for China-US strategic dialogue This is the first time that Geithner has been a Chinese minister since he took office earlier this year. He is a generous compliment to Peking University and the Chinese economy.　　He called Peking University "the Great School", saying that China's economic transformation over the decades was "the most extraordinary in history". Earlier, there was public opinion inside and outside that the main purpose of Mr Geithner's trip was to sell US Treasuries and push China to continue to increase its holdings, easing the cash pressure of the U.S. government's bailout of the financial crisis. However, in a public speech yesterday, Geithner avoided the sensitive topic and made no mention of it in his speech. But when a listener asked him questions about US Treasuries, he did not take evasive action, saying bluntly: "The dollar assets held by China are safe." According to statistics released by the US Treasury, as of the end of March this year, China's holdings of US Treasuries amounted to $767.9 billion trillion, the U.S. government's largest "creditor".　　Historical data show that over the past year, China has increased its holdings of US Treasuries by more than $270 billion trillion. Mr. Li, director of China and the World Economic Research Center at Tsinghua University, said the first step was to see the strategic significance of Mr Geithner's trip, which was of great concern to China during the special period of the international financial crisis. The first round of U.S.-China Strategic and Economic Dialogue, to be held in Washington next month, will pave the road for the talks.　　Of course, Treasury bonds will be a specific topic of Mr Geithner's trip, but it is only part of a strategic game between the US and China. Lishi's security concerns about U.S. Treasury securities have not been publicly promoted, but Mr Geithner has stressed the U.S. government's efforts to stabilize the financial and economic order to reassure outsiders about the outlook for the US economy and the security of Treasuries. He outlined improvements in U.S. consumer confidence, real estate, business and employment. He stressed that the United States would cut its fiscal deficit and encourage private saving.　　The international community agreed that excessive consumption in the US was the bane of the financial crisis, and that a ballooning fiscal deficit would undermine the creditworthiness of US Treasuries. For China, he said, U.S. Treasuries are no longer a purely economic issue and should be elevated to the height of the US-China game. In the face of the United States "do not sell" and "overweight" expectations, China can accordingly put forward their own conditions. Previously, the U.S. political and business sectors in the renminbi exchange rate, Sino-US trade and mergers and acquisitions and other issues repeatedly.　　Li believes that when the US issues government bonds, China can fully negotiate these issues. Yesterday, Geithner stressed that the United States will actively cooperate with China, saying the United States will fully supportChina is playing a role in reshaping the international economic system, "I hope that China's success and prosperity, the growth of China's economy and the expansion of China's demand have created a lot of opportunities for American companies and workers." "Morning News reporter Li Joe