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China presses US to invest more in its own economy

Chinese Finance Minister Lou Jiwei called Tuesday on the United States to boost its domestic savings and investment to strengthen growth, including spending to improve infrastructureChinese Finance Minister Lou Jiwei called Tuesday on the United States to boost its domestic savings and investment to strengthen growth, including spending to improve infrastructure. Speaking during the first day of the annual Strategic and Economic dialogue between the rival political and economic powers, Lou countered US pressure for China to stop relying on investment to power growth. To enhance the world economy, he said, the United States should save more and turn that into productive investment, especially in infrastructure.

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