China reforms would cut volatility says Paulson

US treasury secretary Henry Paulson said Tuesday 6 March that the global economy is as strong as he's ever seen and that reforms in China would help reduce market volatility.

Paulson tried to quell market concerns saying the U.S. and global economy are strong and that stock market volatility is inevitable.

"The global economy is more than sound. It's as strong as I've seen in my business lifetime," Paulson said after meeting Japanese officials in Tokyo.

"Markets very seldom move in a straight li