China nervous about One-Trillion Dollar Investments in the US

Radio Australia News

Last Updated: Sat, 14 Mar 2009 17:49:00 +1100

The United States has assured China that its one-trillion US dollars worth of investment in the country is safe. 

The Chinese premier, Wen Jiabao, had earlier said he was concerned about China’s assets in America in the wake of the global financial crisis. 

A White House spokesman, Robert Gibbs, has urged Congress to help restore the country’s financial reputation.

I think the best thing we can do to assure anybody in Washington, America or throughout the world that we’re serious at least to pass the president’s budget and put ourselves back on the path towards fiscal sustainability and fiscal responsibility.

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