Detailed text transcripts for TV channel - CNN - 20110119:19:21:00
Committed to moving toward a market-based system. there has been movement, but it's not as fast as we want. what i said to president hu -- and i firmly believe this -- is not only will u.s. businesses be able to export more to china if we have a market-based currency, but it will also be good for china and president hu's agenda of expanding necessa ining dome. because if the rnb is worth more, that means they can buy more goods and services and that will contribute to china having higher purchasing power and a higher standard of living. this is something that can be a win-win. president hu's c...