Seems like all the mainstream media missed this interesting incident.
Quote 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.
Thanks for FT Alphaville for pointing this out.
(Try to make it at least one article per day, but looks like it is a tall order. Will try to keep up)
