China tells U.S. to fix economy

Chinese officials urged their U.S. counterparts, including Treasury Secretary Henry Paulson, to stabilize the U.S. economy, protect Chinese investments and increase the savings rate in the U.S. "We hope the U.S. side will take the necessary measures to stabilize the economy and financial markets as well as guarantee the safety of China's assets and investments in the U.S.," said Wang Qishan, a vice premier. Paulson was in Beijing to discuss long-term economic issues between the two nations.