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To: Proud Deplorable who wrote (94533)	2/22/2009 1:20:25 AM
From: Haim R. Branisteanu	Read Replies (1) \| Respond to of 116555

Clinton Urges China To Keep Buying US Treasurys Beijing (AFP)--Hillary Clinton urged China on Sunday to continue buying U.S. Treasurys, saying it would help get the American economy moving again and stimulate imports of Chinese goods. "By continuing to support American Treasury instruments the Chinese are recognizing our interconnection. We are truly going to rise or fall together," Clinton said at the U.S. embassy shortly before leaving Beijing. Clinton, wrapping up her first overseas trip as secretary of state, said continued Chinese purchases of Treasurys were essential to financing the massive $787 billion U.S. stimulus plan. "Because our economies are so intertwined the Chinese know that in order to start exporting again to its biggest market, the United States had to take some very drastic measures with this stimulus package," Clinton said in response to a question from a Chinese talk show host. "We have to incur more debt," she added. "It would not be in China's interest if we were unable to get our economy moving again." "I certainly do think the Chinese government and the central bank here in China [are] making a very smart decision by continuing to invest in Treasury bonds," she said. Clinton had said on Saturday after meetings with top Chinese leaders that China was still confident in U.S. Treasury bonds and expressed Washington's appreciation for the investments. China is the top holder of U.S. Treasury bills, with $696.2 billion of such securities in December followed by Japan with $578.3 billion, according to the latest official data from Washington. Chinese Foreign Minister Yang Jiechi indicated Saturday China wouldn't deviate drastically from its U.S. Treasury policies, but gave no specifics. Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: djnewsplus.com. You can use this link on the day this article is published and the following day

To: Proud Deplorable who wrote (94533)	2/22/2009 1:20:26 AM
From: Haim R. Branisteanu	1 Recommendation Respond to of 116555

Clinton Urges China To Keep Buying US Treasurys (in other words insanity - an this is called CHANGE?) Beijing (AFP)--Hillary Clinton urged China on Sunday to continue buying U.S. Treasurys, saying it would help get the American economy moving again and stimulate imports of Chinese goods. "By continuing to support American Treasury instruments the Chinese are recognizing our interconnection. We are truly going to rise or fall together," Clinton said at the U.S. embassy shortly before leaving Beijing. Clinton, wrapping up her first overseas trip as secretary of state, said continued Chinese purchases of Treasurys were essential to financing the massive $787 billion U.S. stimulus plan. "Because our economies are so intertwined the Chinese know that in order to start exporting again to its biggest market, the United States had to take some very drastic measures with this stimulus package," Clinton said in response to a question from a Chinese talk show host. "We have to incur more debt," she added. "It would not be in China's interest if we were unable to get our economy moving again." "I certainly do think the Chinese government and the central bank here in China [are] making a very smart decision by continuing to invest in Treasury bonds," she said. Clinton had said on Saturday after meetings with top Chinese leaders that China was still confident in U.S. Treasury bonds and expressed Washington's appreciation for the investments. China is the top holder of U.S. Treasury bills, with $696.2 billion of such securities in December followed by Japan with $578.3 billion, according to the latest official data from Washington. Chinese Foreign Minister Yang Jiechi indicated Saturday China wouldn't deviate drastically from its U.S. Treasury policies, but gave no specifics. Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: djnewsplus.com. You can use this link on the day this article is published and the following day