Timothy Geithner: China has to focus on domestic consumption

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Source: Dukascopy
Timothy Geithner, US Treasury Secretary, said that China has to alter its polices tied to exports and focus on stimulating domestic consumption. Such change is vital for sustaining China's economic expansion. Currently, China is exploring the ways for new economic reforms as the country recognized the risks of overreliance on exports, Timothy Geithner added.



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Thu, 03 May 2012 06:34:51 GMT

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