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[All-In-1-Min] 【整理】2009-07-24 VOA Audio News

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China holds more than 800 billion dollars of the USA treasury securities, making it Washington’s biggest creditor. As such, assistant finance minister Zhu Guangyao, says China is especially interested in the US recovery efforts.

Zhu says China will clearly raise its request that US adopts what he calls the responsible policies to ensure the basic stability of the dollar’s exchange rate and to protect Chinese’s assets in the United States. Chinese officials have repeated expressed concern that stimulus plan that the US acted in response to the global financial crisis may arude the value of the dollar which could devalue Chinese US.

US Federal Reserve Chairman Ben Bernake told congress Tuesday he has working to prevent the dollar from losing value. Zhu says China will carefully study Bernake’s statement.

Chinese and American officials’ meet in Washington starting Monday for two days’ talks known as the US-China’s Strategic Economic Dialogue.

Secretary of State Hilary Clinton and Treasury Secretary Tim Gedenner will lead the US delegation. Vice-premier Wang Qishan and State Counsil Dai Bingguo are heading the Chinese negotiators.

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