Chinese Premier Blames Recession on U.S. Actionsz.

Chinese Prime Minister Wen Jiabao directly accused the United States - the world of the deep economic recession led to the financial system, the most public sign yet of the U.S. government and its main creditor of the disagreement between. The leaders of China, the third world economy, is surprised and upset by the U.S. China's financial sector property damage have hurt more. In response, Beijing again examine its funding from the American people are familiar with the knowledge that the government accepted.

Mr. Wen, Davos, Switzerland in the world economy and the political leadership in the house of the annual visit of Chinese Prime Minister, but obviously not in the U.S., mainly because of the strong condemnation issued crisis. In the blind achieve profits, Mr. Wen and the development of model unsustainable, low long-term savings and high consumption characteristic of the financial sector of the lack of government supervision of financial institutions to an expansion of the blame.

Chinese leaders are believed safe for U.S. investments a number of bad experiences with burning, "said Morgan Stanley is the collapse of the Reserve Fund holdings information primary and familiar with his thinking, including the financial calculation giants Fannie Mae and Freddie Mac, as a result of the people, the government believes that managers of the Chinese capital, the U.S. sought new investments in a number of companies have not decided. China withdrawal of Fannie and Freddie financial calculation debt in the U.S. last year in Washington, the U.S. demand to revive the housing market will be helped in the increased tax.

But the two powers of the economic relationship between the relatively steady in recent years, the global economic boom backs will be tested. Both sides, as the U.S. housing bubble and credit crisis, the rubble of the survey, recriminations on the bilateral relations have doubts. Chinese Premier comments a few days after Finance Minister Timothy Geithner fire during her confirmation process, accused China of manipulating its currency came after the fuel. The general increase in the long - standing U.S. allegations that China is artificially increase its exports to the value of the yuan was seen as depression and Beijing have strong denial. Obama and the administration has played in the importance of the declaration.