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    Clinton Seeks to Reassure Asia on U.S. Debt

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    NTDTelevision

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    U.S. Secretary of State Hillary Clinton spoke tries to Asian investors in Hong Kong on Monday and tried to reassure them about the current U.S. debt worries. She said the U.S. government would seek to stabilize the global economy.

    United States Secretary of State Hillary Clinton sought to reassure Asian investors over U.S. debt worries during a trip to Hong Kong Monday.

    In a speech to business leaders from the region, Clinton laid out the U.S. vision for the future of world trade, and said that the government would seek to stabilize the global economy.

    [Hillary Clinton, U.S. Secretary of State]:
    "We in the United States are in the middle of a necessary transition. We must save more and spend less, and we must not only save more and spend less, we must borrow less as well. Our partners must meet this change with changes of their own."

    She also says the U.S. still plays a big role in promoting stability and security across Asia.

    [Hillary Clinton, U.S. Secretary of State]:
    "And the U.S. continues to contribute to Asia's growth as a major trade and investment partner, a source of innovation that benefits Asia's companies, a host to 350,000 Asian students every year, a champion of open markets, an advocate for universal human rights and a guarantor of stability and security across the Asia Pacific."

    Clinton will head to the southern Chinese economic boomtown of Shenzhen later on Monday for a meeting with Chinese State Councilor Dai Bingguo, where she is expected to discuss the ongoing South China Sea dispute.