Geithner to Jet to China

Late Tuesday morning, Treasury Secretary Geithner will depart Washington, DC for Nanjing, China.

Geithner is very familiar with the country. When his father worked for the CIA Ford Foundation, Geithner studied studied Mandarin at Peking University in 1981 and at Beijing Normal University in 1982.

On his last trip to China in June 1, 2009, during a question-and-answer session following a speech at Peking University, Geithner was asked by a student whether Chinese investments in U.S. Treasury debt were safe. His reply that they were "very safe" drew laughter from the audience.