Clinton urges China to buy our debt.....

Hillary Clinton urged China on Sunday to continue buying US Treasuries, saying it would help get the American economy moving again and stimulate imports of Chinese goods. "By continuing to support American Treasury instruments the Chinese are recognising our interconnection. We are truly going to rise or fall together," Clinton said at the US embassy shortly before leaving Beijing. Clinton, wrapping up her first overseas trip as secretary of state, said continued Chinese purchases of treasuries were essential to financing the massive 787 billion dollar US stimulus plan. "Because our economies are so intertwined the Chinese know that in order to start exporting again to its biggest market, the United States had to take some very drastic measures with this stimulus package," Clinton said in response to a question from a Chinese talkshow host. "We have to incur more debt. It would not be in China's interest if we were unable to get our economy moving again," she added....Link