U.S. Secretary of State Hillary Rodham Clinton is urging China to continue investing in United States Treasury bonds and said Sunday that country's continued investment in the U.S. is a recognition that the two countries depend on each other. «I certainly do think that the Chinese government and central bank are making a smart decision by continuing to invest in treasury bonds,» she said during an interview with the show «One on One.» «It's a safe investment. The United States has a well-deserved financial reputation.» Clinton has also sought in meetings with President Hu Jintao, Foreign Minister Yang Jiechi and Premier Wen Jiabao to reassure Beijing that its massive holdings of U.S. Treasury notes and other government debt would remain a solid investment. Yang responded that China wants to see its foreign exchange reserves _ the world's largest at $1.95 trillion _ invested safely and wanted to continue working with the United States. «I want to emphasize here that the facts speak louder than words. The fact is that China and the United States have conducted good cooperation, and we are ready to continue to talk with the U.S. side,» Yang said.
