China, US officials see global economic recovery

trueself

China and US officials see global economic recovery, seek continued joint efforts
By Martin Crutsinger, AP Economics Writer
On Monday July 27, 2009, 9:48 am EDT

WASHINGTON (AP) -- Top officials of the United States and China said Monday they saw hopeful signs that the global economy was beginning to move into a period of recovery.

Treasury Secretary Timothy Geithner said that the joint efforts of the nations to deal with the financial crisis with large stimulus programs marked a turning point in the relationship of the two economic superpowers.

Chinese Vice Premier Wang Qishan said that "at present the world economy is at a critical moment of moving out of crisis and toward recovery."

The officials spoke at the opening of two days of high-level talks covering a range of issues in the area of economic tensions and foreign policy hot spots such as North Korea's nuclear challenges.