Obama remarks on investors´ confidence

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Source: CCTV.com | 03-15-2009 10:46

U.S. President Barack Obama says investors around the world, including those in China should have confidence in the soundness of their investments in the US.

He was addressing concerns recently expressed by Chinese Premier Wen Jiabao. Responding to a question after the annual session of the NPC on Friday, Premier Wen admitted that he was "a little bit worried" about the security of China's investments in the US. According to the U.S. Treasury, China was holding nearly 682 billion U.S. dollars worth of U.S. government bonds as of November.

U.S. President Barack Obama says investors around  the world, including those in China should have  confidence in the soundness of their investments  in the US.

Barack Obama, US President, "I think that not just the Chinese government but every investor can have absolute confidence in the soundness of investments in the United States, and that is not just in US issues, Treasury notes, but also in the private sector and the commerce and the industry that has made us the most dynamic economy in the world."

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Editor:Qin Yongjing