"After college, he earned a master's in East Asian studies at the Johns Hopkins School of Advanced International Studies, then filled out his China credentials with a stint as a researcher for Henry Kissinger."
Kissinger, architect of Nixon's opening to China & Rockefeller factotum.
Dad Peter Geithner = old Asia hand:
Peter F. Geithner is an advisor to the Asia Center at Harvard University and a consultant to the Asia Pacific Philanthropy Consortium, Rockefeller Foundation, Sasakawa Peace Foundation, and other organizations. He serves on the boards of the National Committee on United States-China Relations, the China Center for Economic Research (Peking University), the Center for the Advanced Study of India (University of Pennsylvania), Clemente (Holdings) Asia, Inc., and the Institute of Current World Affairs.
Mr. Geithner was with The Ford Foundation for 28 years, where he held program management positions mainly concerned with Asia. He was Director of Asia Programs from 1990 to 1996. Prior to assuming that position, he served for two and a half years as the Foundation’s first representative in Beijing, China. His earlier assignments with the Foundation included Program Officer in Charge, Developing Country Programs (New York), Representative for Southeast Asia (Bangkok), Deputy Head, Asia Pacific (New York), and Deputy Representative for India, Nepal, and Sri Lanka (New Delhi).
http://www.columbia.edu/cu/china/PeterG.htmlFoundations in China: see the players
Direct Grantmaking by US Foundations in China has evolved over the past 100 or so years – 3 broad periods
(1) Pre-1950 – Rockefeller Foundation (public health and higher education – physics bldg at Nankai University), China Medical Board (Peking Union Medical College), Harvard Yanching Insitute (six Christian universities during 1930’s and 40’s )
(2) 1950-1978 – support to major centers of Chinese studies in US, UK, Australia, HK, India, Taiwan + library collections, pre- and post-doc research. In mid 1970s efforts toward normalization of relations (National Committee on US-China Relations, CSCPR (initial exchanges)
(3) 1979-2009 – As China began to reform and opening to the non-communist world, US foundations began tentative explorations to see what they might do. Ford Foundation (FF) and The Asia Foundation were among the first to put their toe in the water or, like Deng Xiaoping, to search for the stones to cross the stream.
http://hausercenter.org/chinanpo/2009/04/foreign-philanthropies-in-china-a-talk-by-peter-geithner-ford-foundations-first-china-rep/First licensed foreign insurer in China = AIG, 1992, client of Kissinger Associates: Kissinger on AIG board. "But when it came to China lobbying, no one held a candle to Henry Kissinger. The man who crafted the rapprochement with the Chinese communists started an opaque consultancy firm, Kissinger associates, in 1982; China was very much Mr. Kissinger's turf."
http://books.google.com/books?id=JpaS3mlvUr8C&pg=PA120&lpg=PA121&ots=UgwetxOLx2&dq=kissinger+china+investmentsTreasury Secretary Designate Geithner's Kissinger Associates Connection--Part 2
Between 1986 and 1989, U.S. Treasury Secretary-Designate Timothy Geithner was employed at Henry Kissinger, Brent Scowcroft and Lawrence Eagleburger's Kissinger Associates influence-peddling firm, which also employed George W. Bush's former special envoy to Iraq, L. Paul Bremer, during the early 1990s. Commerce Secretary-Designate Bill Richardson also is a former employee of Kissinger Associates.
Among the political influence-peddling firms in the United States, "Mr. Kissinger and his associates are by all accounts the most successful of this new breed of former senior Government officials," according to the April 20, 1986 New York Times Magazine article, titled "Kissinger Means Business: Corporate America is eagerly seeking Henry Kissinger's insight and celebrity."
http://www.dollarsandsense.org/blog/2008/11/geithner-kissinger-associates-pt-2.htmlSo why do the Chinese want Geithner? Because he speaks Chinese? Hardly. Why did he study Chinese in the first place? Because he's *connected,* & that's why the Chinese want him.
Who's in charge? Good question. Why did Kissinger go to the East?
Think beyond the "We're in hock to China" hype.
Half of Chinese exports = foreign corporations producing in China & exporting *back* to their home countries. Then the Chinese take a cut of the profit, & a cut of their workers' tax money, & "invest" it in US debt, which US taxpayers repay, with interest. Channeled though financial intermediaries who take a cut in some cases.
Who needs who? Who's in charge? I'd say #1 = banksters, globocorps, & their "multicultural" political cronies.
Dean Baker explains Chinese financing of US debt:
"Finally, China is not buying these bonds as an investment. It absolutely will lose money on these bonds.The dollar will fall and interest rates will rise. This makes U.S. Treasury bonds a really bad investment for the Chinese compared to say, buying short-term euro assets or almost anything else in the world. They are obviously buying U.S. Treasury bonds for the purpose of sustaining their export market in the United States. This is not an accidental outcome of their actions."
http://www.prospect.org/csnc/blogs/beat_the_press_archive?month=05&year=2009&base_name=when_china_buys_us_bonds_it_isHere's