China, US promise joint action on global economy

WEDNESDAY, JANUARY 11, 2012
China, US promise joint action on global economy

Beijing - US Treasury Secretary Timothy Geithner and top Chinese officials on Wednesday promised to cooperate in tackling global economic problems.

 

"I look forward to expanding our exports to China and expanding cooperation on the great range of economic and strategic issues we face around the globe," state media quoted Geithner as saying during talks with Chinese Vice President Xi Jinping.
"Our top priority now is economic growth and recovery in the US and around the world," Geithner said.
Xi, who is expected to be confirmed as China's next leader later this year, said Geithner's visit was "significant for the stability and development of China-US economic relations." 
The Treasury Department said Geithner's talks would also focus on increasing international pressure on Iran amid growing worries about its nuclear programme. But there was no immediate confirmation from either side that they had discussed Iran.//DPA