China's investment in US to expand in future: Geithner

Chinese investments in the United States are going to expand in the future, said Secretary of Treasury Department Timothy Geithner here Tuesday.

"I am very confident that if you look over the next several years, you're going to see Chinese investment in the United States continue to expand very, very rapidly," the secretary told a press conference after the two-day China-US Strategic and Economic Dialogue (S&ED) concluded.

Geithner reiterated that the US welcomes Chinese investment in the US and stressed that it'll be all good for both China and the US

"That's (the Chinese investments in the United States) driven by the desire of Chinese companies to have more access to US technology and to try to expand their opportunities in this market. And, again, we welcome that,"said Geithner.