abstract:Beijing Consensus is a term that represents an alternative economic development model to the Washington Consensus of market-friendly policies promoted by the IMF, World Bank and U.S.
Mr Geithnerstressed that Chinahad joined the consensus among otherAsiannationsdespitecriticism fromBeijingthat the proposalswereareturn to "plannedeconomies".
Mr. Gates declined to comment on what military steps the U.S. was considering, saying he wanted to give a high-level U.S. delegation traveling to Tokyo, Seoul, Beijing and Moscow this week time to come up with a multilateral consensus.