They hate the US, and now they laugh at them too. From The Telegraph:
In his first official visit to China since becoming Treasury Secretary, Mr Geithner told politicians and academics in Beijing that he still supports a strong US dollar, and insisted that the trillions of dollars of Chinese investments would not be unduly damaged by the economic crisis. Speaking at Peking University, Mr Geithner said: “Chinese assets are very safe.” The comment provoked loud laughter from the audience of students.
Related links:
Perpendicular in China - FT Alphaville
China to US: We hate you - FT Alphaville
