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China's Wang: U.S. must manage dollar supply
July 28, 2009 / 2:35 PM / in 8 years

China's Wang: U.S. must manage dollar supply

WASHINGTON (Reuters) - Chinese Vice Premier Wang Qishan on Tuesday urged the United States to carefully manage the impact of the massive fiscal and monetary policy stimulus it has issued to counter a devastating financial crisis and deep economic recession.

“As a major reserve currency-issuing country in the world, the United States should properly balance and properly handle the impact of the dollar supply on the domestic economy and the world economy as a whole,” Wang said at a U.S.-China summit.

Reporting by Mark Felsenthal; Editing by Theodore d'Afflisio

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