Debt crisis gets a close eye

US Treasury Secretary Geithner is reported in next week to meet Germany and U.K. financial officials, focusing on the confidence in striving for restoring world financial order. The news has been confirmed by the department of the Treasury on 20, during which the world financial market has undergone a though day, as the Dow Jones Industrial Average  dropping  376 points, the record fall since February 2009.

Other details to be discussed involve in district financial situation, the measures in response of rebuilt of the market for world economic recovery.

Investors presently are getting somewhat worried about the debt crisis effected in Greece and Portugal, for fear that it would extend to the whole Europe, or even eroding America’s market, thuds affecting the world recovery.

Before his visit in Europe, Geithner now has attended, with the secretary of State Hilary, the second round of Sino-US Strategic Economic Dialogue at Beijing, covering bilateral economic growth, foreign policies, etc.

US Treasury Secretary Geithner next Wednesday will fly to London meeting with George Osborne, the incoming chancellor of U.K. Exchequer, and to Frankfurt and Berlin visiting the head of European Central Bank and the Finance Minister of Germany.