China's credit and cheap goods for the benefit of the world

First time in Asia and developing countries at the summit, will discuss overcoming the financial crisis, the establishment of sustainable and balanced growth of international economic order, and have been consolidated for the first four results of the summit for the G20 to become a replace the Group of Seven (G7) summit lay the foundation for a permanent organization. The summit will also discuss the exchange rate, exchange rate of the friction between members of the mediation.

Weakening U.S. dollar sophistry

10 Voice of America radio site reported that Obama told the American economic partners, and their prosperity are closely linked with the United States, countries must work together to ensure that the global recovery.

Obama 10 G20 leaders in a letter to express this meaning. He said in the letter, the United States will try to re-implement rapid economic growth, and to the world market to calm down. He said the U.S. can do to achieve this goal is the greatest contribution to increased income through employment creation and to promote economic recovery in the United States itself.

Obama said, in a trade surplus countries to increase consumer demand, an increase in national savings deficit, so as to stimulate strong growth in the world.

In view of the Fed plans to buy 600 billion U.S. dollars in long-term government bonds, Obama will be on the defensive in the summit. Because some countries say that this will make U.S. products in world markets, gaining an unfair advantage. Trade balance and exchange rate issues will be the first summit.

"The New York Times" Web site reported 10 in a test of the limits of international cooperation in summit, Obama urge other world leaders try to change the global economy on U.S. consumption and borrowing needs of the traditional dependence. (