Detailed text transcripts for TV channel - CNN - 20110509:08:05:00
U.s. treasury secretary tim geithner will once again push chinese currency to rise in value against the dlarks but china has its own agenda as the biggest global holder of treasuries, beijing wants washington to give it peace of mind by tackling its burgeoning debt. let's take a look at the numbers. look at chinese gdp. rapid growth is the most immediate cause of concern. last year, up by 10.46%. and that's the biggest jump of any major economy obviously. fueled partly, at least, by the significant amount of cheap chinese goods being exported to the u.s. now, you compare that with what's going...
Source: news source