The United States and China have agreed to work together to stabilise the global economy and fight climate change. The pledge came out of talks in Beijing between US Secretary of State Hillary Clinton and Chinese Foreign Minister Yang Jiechi. Clinton and Jiechie also said a regular bilateral dialogue on economic issues would be expanded to include security concerns. Jiechi said China wanted to see its foreign cash reserves invested safely and wished to continue working with the US. Clinton thanked China for its confidence in US treasury bonds. China, with foreign exchange reserves of about two trillion dollars, is the world's largest holder of US government debt. Clinton's visit to China is the fourth, and final, stop on her tour of Asia that has also taken her to South Korea, Indonesia and Japan. It is her first trip abroad as secretary of state.
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