US makes progress to win back trust on debt: Geithner
Updated: 2011-05-04 09:21
By Li Xing and Tan Yingzi (chinadaily.com.cn)
Washington - US treasury secretary Timothy Geithner said the US is making progress in winning back the trust in its ability to manage its debt.
He said the US is in the process of rebuilding its financial systems and the trust after the crash. He said the US has made progress in getting economy growing again with much stronger finances.
"We've got to move now to the next obvious challenge to start framework for fiscal consolidation and stability, bring the debt down," he said.
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The world's most wanted man was killed in a US raid in Pakistan.
The US sports camp company, Camp Woodward, will open its first residential camp in Beijing in June.