Detailed text transcripts for TV channel - CNN - 20110119:16:09:00
Because a lot of people are upset about this. i think americans want the president to say some very tough things to china. but what stick does america carry that will work with china? >> well, and that's a pretty good question. because, look, the chinese, as we know, do what is in the best interest of a harmonious china. for the best interests of china and stability. so we have asked and others have asked many times we need a slow and gradual appreciation of the chinese currency. it needs not to be pegged to the u.s. dollar so when the dollar goes up and down, that means that china still hass ...
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