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Geithner on China

US Treasury Secretary Tim Geithner talks about China's currency and America's deficit. Plus the President and CEO of Mastercard, Ajay Banga, explains why he thinks cash is costly for society.

US Treasury Secretary Tim Geithner talks about China's currency and America's deficit. He says the value of China's currency is rising in real terms by about 10% a year, which could add up to a a big change if it is sustained.

Plus, the President and CEO of Mastercard, Ajay Banga, tells Lesley Curwen why he thinks cash is expensive for society.

And the Βι¶ΉΤΌΕΔ's Roland Buerk in Tokyo describes the latest crisis in the sport of sumo wrestling, which has seen cancellation of a major contest and a big loss in earnings.

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18 minutes

Last on

Tue 22 Feb 2011 08:32GMT

Broadcast

  • Tue 22 Feb 2011 08:32GMT

Podcast