US Treasury's Paulson Comments
From news_archive.php?id=40467
WASHINGTON (Thomson Financial) - Treasury Secretary Henry Paulson said he remains in favor of a strong US dollar. 'I'm very much for a strong dollar,' he said on an interview on CNBC. He later added that a strong dollar is 'in the nation's interest.' [B]Regarding China[/B]-'we need China's economy to grow and be stable'. The US should not look at China's growth as a threat, he argued, rather 'the biggest problem would be for an economy as large and important as China' to become weak unstable. [B]Economy-[/B]he believes the US is making a transition to a more sustainable, balanced economy in comparison to the last few ...
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