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Episode details

World Service,01 Mar 2011,18 mins

Geithner on China

Business Daily

Available for over a year

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 BBC'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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