Saturday, November 19, 2011

President Obama has more talks about China

The USA Today reports that President Obama held a meeting with the man who might be China's next president.
Among the topics discussed by Obama and Chinese Premier Wen Jiabo: The president's criticism throughout the week that China is artificially lowering the value of its currency, hurting U.S. trade.
"The President went through a number of the points that he had made to President Hu Jintao in Hawaii in the earlier part of the week," said National Security Adviser Tom Donilon. "And they're as I described -- the importance of China's currency policy to the world and the appropriate contribution that it needs to make in terms of a fairly valued currency policy; (and) some of the specific issues around business practices."
The two leaders also discussed China's maritime disputes with neighbors in the South China Sea.
The Associated Press reports that with the exception of the meetings with China, the president can look back at this visit as being successful

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