BEIJING — After years of acrimonious economic relations with China, the U.S. insists it wants to turn the page and develop closer ties with the world’s third largest economy.
Treasury Secretary Timothy Geithner said Sunday that he wanted to foster the same kind of working relationship with China that the U.S. has enjoyed for decades with European economic powers.
"We would like to build with China the kind of relationship we built with the G-7 over the last several decades,” Geithner told reporters traveling with him to Beijing. The Group of Seven includes the traditional economic powers — the U.S., Japan, Germany, Britain, France, Italy and Canada.
China is America’s biggest creditor.
by the associated press
Treasury Secretary Timothy Geithner said Sunday that he wanted to foster the same kind of working relationship with China that the U.S. has enjoyed for decades with European economic powers.
"We would like to build with China the kind of relationship we built with the G-7 over the last several decades,” Geithner told reporters traveling with him to Beijing. The Group of Seven includes the traditional economic powers — the U.S., Japan, Germany, Britain, France, Italy and Canada.
China is America’s biggest creditor.
by the associated press
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