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© Copyright 2009 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.Obama, Hu show cooperation but divisions remain
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some14some
Array of global troubles? Then discuss Tibet, Myanmar, Mugabe and finally terrorism in Pakistan. The fact of matter is China itself is a biggest trouble, too strong to challenge it. what's best for Obama? Just keep low profile and windup Asian trip without bowing further.
nath
If you say the average wage of those with the jobs that lost them are $50,000 , then that amounts to 112 people losing their jobs. Something sounds wrong with these numbers.
Raja Kumar
Hu's China cup is full, Obama should do more to make America's Cup full. Debts is making Obama's cup half full.
China needs to help make America's cup full,since China's much richer and without debt these days. China's loans can make America's cup full.
America has its advantages but is pull down by debts/scams.
China has used advantages to full ,with no nonsense approach. China by being net loan giver and by being economically more scam free,has earned much friends everywhere.
sfjp330
The first meeting between Obama and Hu is a postive step toward framework of future communication between U.S. and China. They have to learn to co-exist in a positive manner. China’s currency policy point to the large and growing U.S. trade deficit ($268 Billion in 2008) with China as evidence that the yuan is undervalued by over twenty percent and harmful to the U.S. economy. However, the relationship is more complex. First, an increasing level of Chinese exports are from foreign-invested companies in China that have shifted production there to take advantage of China’s abundant low cost labor. Second, the deficit masks the fact that China has become one of the fastest growing markets for U.S. exports. There are a number of valid economic arguments why China should adopt a more flexible currency policy, a free flowing currency similar to all other industrial nations should be implemented.
victimcrat
Even China is questioning Obama's bogus healthcare reform.