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tv   CNN Newsroom  CNN  January 19, 2011 1:00pm-3:00pm EST

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tell your doctor about other medicines you are taking, or if you have muscle pain or weakness. that could be a sign of serious side effects. ask your doctor if crestor is right for you. ve it when we're here together. if you can't afford your medication, astrazeneca may be able to help. all right. welcome to "newsroom." we're think it our coverage of a live picture. that is the white house. we are getting ready for a joint
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press conference between the president of the united states and hu jintao of china. there will be american journalists there. there will be chinese journalists there. already we've heard president obama make a public appeal for the universal rights of every human being. that's a reference to human rights developments in china. we'll be waiting to see whether that question comes up during the conversations. i think two questions on each side, from each country are going to be allowed. there will be translation. we will bring you all of that momentarily. but let me just tell you first of all what we are -- what we've been looking at. we did hear president obama talk about human rights. we've heard some comments from president hu jintao. the u.s. and chinese presidents are scheduled to take, as i said, two questions each in the news conference. that's going to start moments from now. and this follows a busy morning of pomp and private meetings beginning on the south lawn of the white house. president hu got the full treatment in vivid contrast to
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the last u.s. visit in 2006 when something called state honors were not extended. now these two leaders quickly got down to business. business presumably was top of their agenda. the oval office doors had barely closed when we got word of a newly signed u.s. export deal or various deals worth $45 billion and more than 200,000 u.s. jobs. now as we speak, the presidents are wrapping up a meet with u.s. and chinese business leaders. major u.s. ceos, one of whom will join me live in the next hour to tell us what they talked about with the two presidents. tomorrow, president hu visits the only other u.s. city on his itinerary, chicago. mayor daley, as only mayor daley can, describes the visit as big, big, big, big, big deal. we couldn't have said it better ourselves. now let's -- let me show you a little bit about china. when we talk about china, you really have to talk about money. that's the big deal. let me go over to the -- right
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here. the magic wall and tell you where some of the issues are between the u.s. and china. let me start with cars. chinese love american cars. they like cars in general but they love american cars. the market for cars in china is growing because it's middle class is growing. general motors saw record growth last year and it actually sold more cars in china than it did in america. china is now the largest auto market in the entire world. it surpassed the u.s. back in 2009. china needs freeways for all these cars. and it is building them like crazy. in the next 20 years, china is expected to have about 50,000 miles of freeways which is equivalent to the u.s. interstate system. okay. let's talk about something else. now let's talk about homes. china is going through a housing bubble, much like the one in the u.s. that burst. some people say it's even worse than the situation in the u.s. because it's growing so much faster. that housing bubble bursts, the world's fastest growing consumer
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base could grind to a halt and that's got serious implications. it is not all bad, however. china is building more homes, more offices, more factories. and it is short on everything you need to build stuff with. water, energy, every kind of raw material you can think of. so now it's importing all of those things. everything from oil and gas to cement and copper. and that could be an opportunity for companies around the world, including here in the united states. okay. let's talk about jobs. some say that -- and they wouldn't be wrong. but millions of u.s. manufacturing jobs have been lost to china because of lower manufacturing costs in that country. but let's look at the future. we know that already. china is the third largest buyer of american-made good. can do da the first, mexico the second. now today, we are exporting from the u.s. 12 times the value of goods we exported to china 20 years ago. more exports from america to china theoretically means more jobs here in the united states. also, china does invest money
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into u.s. businesses. that will be part of hu jintao's visit to chicago. just last year, china invested billions in american finance, energy, gas and car companies, among others, including some tech companies. and i mentioned energy. let's talk about energy for a moment. you can't talk about china and why it matters to the rest of the world and to the u.s. without talking about the energy consumption of the biggest consumer base. people are getting prosperous in china. china uses lots and lots of energy. and in that country there's notable air pollution, soil erosion and a steady fall in the water table. secondly, the chinese are, in fact, trying to clean things up. the chinese government is looking to move past coal and oil and it's focusing on nuclear, hydro and other forms of alternative nrgs. so we're going to talk more as we go on about what is going on in china. but we are waiting for this joint press conference out of the white house right now. i think christine romans is in new york. let's take a look.
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that's the press conference. are we going to listen into this? all right. we'll follow what's going on there. christine romans is in new york. our senior white house correspondent ed henry is with us as well. and here in atlanta, mary brown bullock, the president emeritus of agnes scott college. now a distinguished professor of china studies at emory university. let's put this into perspective. christine, let's start -- let's start with you. what do you expect is going to be happening? we know that these two countries matter to each other dearly. what do we think is going to happen at these meetings? >> we already know that they've been working ahead of the scenes, of course, right ahead of this time behind the scenes to be able to announce some deals. they have. senior administration officials saying they're going to announce $45 billion in different deals, everything from building ethanol plants to supplying new technologies for all of the nuclear power facilities the chinese are building. the chinese are spending hundreds of billions of dollars to invest in their own
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infrastructure. u.s. companies like honeywell, general electric, a lot of big names getting in on the game and announcing a lot of those contracts today. some other announcements they'll be making like the fact, this one is really interesting. software industry has been concerned because the chinese government has been very weak on intellectual property rights in china. in fact, the chinese government operates its computers on not legal software. stolen or pirated software. the chinese have promised again, according to a senior administration official, to now use legal software. this time it's different, though. the administration says because they are actually putting money in a budget to buy legal software. these are some of the little things they move incrementally with trying to make progress with the chinese on some of these issues. we have seen our exports explode to china. no question we have seen our imports, though, explode to a much greater degree. that's where the trade gap comes into play. many people blame the currency for that on a call earlier with the senior administration official, they are noting some of this progress that it made no
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mention of the currency. >> ed, what's the buzz around washington on this because the fact is, the problems between china and the u.s., the relationship is remarkably strong. but the progress is not going to be made on these smaller issues. it's nice that everybody is getting along and working out some of the side issues but the big issues are currency. the big issues are growth in china. the big issues are increasing chinese consumption of goods from around the world. and there really aren't any big deals on the table to solve any of those problems right now. >> you're right. that's why the white house is being careful to calibrate the expectations and make clear there's not going to be some major breakthrough today. this is a long process. reform does not come quickly or easily in china on any of these issues whether it's currency or trade imbalances or human rights. be an issue we haven't had a chance to talk about yet. the white house strategy is, let's keep the conversation going. this -- these sets are meetings now, the eighth time since president obama took office. just in less than two years. the eighth time these two
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leaders have had face-to-face talks. so what they basic leil say is look. this is long. it's arduous. it's going to take time. but they believe they are slowly inching along to make progress on all of these issues. they also say that in private, the president is going to be taking a very tough, direct stance. standing up to president hu on human rights. as well as trade and currency. but in public is going to be obviously a lot more diplomatic when he comes out here as we heard the president earlier this morning on the south lawn. he was talking about, look. these two countries are the economic superpowers who can compete but they can also have some cooperation. that's what we're going to hear mostly about in spbl the cooperation. behind closed doors, there's going to be a lot of conversations about where they disagree. as you have been noting, there's a lot of areas they disagree. but they've got to keep this dialogue going because these are the two economic superpowers who need to be having this conversation right now. >> so mary, this is like when we covered g-20 and argue that why do they have to happen because all the stuff gets done in the background.
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in the end, deals are made and things happen. how do we gauge this kind of visit. things between the u.s. and china are almost in crisis proportions. but we have heard now from christine and from ed that not a whole lot is going to get done in this visit. >> you have to remember that these summits are also ceremony. and ceremony signals the -- perhaps growing crisis. a snafu as in the bush summit earlier. or it's -- it really symbolizes some progress. and i think it's what is going to be the takeaway. if the -- and the takeaway for the domestic audiences. we have to remember that president hu is speaking for chinese audience just as obama is speaking to the american audience. >> these 24 major powers. >> yes. >> neither of which who want to look weak in the eyes of the other with their domestic audiences. how do you resolve that? china is the ascendant power and hu would like to look strong in china. america is the present power that could be weakening and really could have more to lose than gain here. >> i think president obama has to signal respect for the
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chinese for president hu. certainly this symbolism of the intimate dinner at the white house. the statehouse -- the state banquet tonight. all of this sends a very clear message, not just to president hu but to the chinese people. we are looking at china. we respect that role. i think in terms of the american audience, you are right. president obama has to look strong. you remember the images from the last summit. president obama on the great wall. by himself. he looked lonely. it was cold. he looked lonely. and the takeaway from that was also he didn't get to have an open press conference. and so i think what we're looking at, particularly just about to start, with both of them speaking, really is signaling we're going to communicate and that there is a response. i think president hu has to appear somewhat responsive to american concerns or the americans will give it a bad wrap. >> we'll be able to watch that. chris teerngs there's a meeting that's just wrapped up with a number of key ceos. some chinese and some major
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american ceos. any idea of what they are doing and what they could possibly be wanting to achieve in that meeting? the two presidents and a bunch of these ceos? >> well, it's interesting because the ceos want to sell more products in china and they want some assurances from the chinese leaders that, yes, when we have a patent or an innovation that we've developed in the united states, we don't have to sign it over to you to use it in your country. we want some progress on what's called indigenous -- these indigenous rules where -- and the white house says they've made progress on this where the chinese favor chinese businesses and chinese ideas first, where if you are going to have a patent, you have to have a chinese version of the patent or chinese companies can use -- i mean, the legal structure there is not as established as it is, quite frankly, here in this country. so sometimes businesses and ceos say that the landscape is constantly shifting beneath them. sometimes there's paperwork delays and glitches that while they are working to get a factory up and running, another
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factory that's been state owned has gone up right down the street in time to give the domestic industry a little bit of a leg up. these are the things that ceos have been complaining about at the same time they want access to that market. it is a huge potential lucrative market so they can't be out of china complaining about these things. but when they get in china, they get worried about -- they wanted to move a little faster. >> christine, ed and mary, the thing i like about this summit is that we have to move beyond simple explanations of china and the u.s. it is a complex relationship as you all have indicated. it will continue to be complex and it's best our audiences here in the united states and in china understand that. thank you for joining us. thank you to all of you. we've got our eyes on the white house. we will be bringing you that news conference as soon as it starts.
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for those of you who think news conferences are boring, ides make an exception for this one because there's really no part of your life that this bilateral relationship does not touch. stay with us on it. some developing stories -- i'm going to give you some developing stories on the other side of the break. let's take a break right now. she felt lost...
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we have our cameras tuned in to the white house right now. you can see everyone is awaiting the arrival of president obama and president hu jintao of china. they'll be holding a joint press
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conference. they'll be taking just a few questions from some u.s. reporters and chinese reporters. this is going to be one of the more important press conferences of our time because the relationship between china and the u.s. is one of the more important relationships of our time. and it say critical juncture for that relationship. so it's worth tuning in. we'll have some analysis of it around it to say what did it mean. but as one of my guests just told me, sometimes it is just symbolic, but it's going to be symbolic as to whether the relationship between these two countries are getting better or is getting worse. and if it's getting better, there are opportunities for american businesses and american workers to take a look at it. now we see some people who have reserved seats in the front coming in now which indicates to us that they might be followed very shortly by presidents obama and president hu. but we will be getting into this press conference the minute it starts and will be offering you some analysis of it. in the meantime, maybe i have a chance to bring you up to speed on other stories we've been
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following. according to an e-mail from her mother, congresswoman gabrielle giffords is doing well enough to be transferred to a rehab facility in houston on friday. this is a week and a half since she was shot through the brain at a public event. giffords has surprised doctors with her physical and mental capabilities. her mom's e-mail says giffords will begin aggressive rehab and be treated by surgeons who specialize in bullet wounds to the head. this development has not been confirmed by university medical center in tucson where giffords remains in serious condition. meantime, new details on some of the security video that captured the january 8th shooting tragedy. the pima county sheriff's department tells us about this key moment. >> there's a portion of the tape where you can see very clearly that the suspect comes out of one of the doors. he walks around a table, a collapsable, perhaps six-foot table. when he does so with very
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significant purpose, he walks up to the congresswoman, points a gun at her face and shoots. >> jared loughner, the suspect, will be in court again monday for a hearing. a day after reconvening on capitol hill, the house is about to vote on a measure that would undo last year's sweeping health care reforms. it's like three pass the new republican-led house but that's about it since democrats retain their majority in the senate. they don't even plan to bring it to the floor. look at that. a 50-foot fireball lights up a philadelphia neighborhood killing one person and badly injuring several others. residents had reported the strong smell of gas so a utilities crew rushed to the scene. they found a break in a high pressure gas main and got to work. then a bad sign. gas started bubbling up through the pavement and the whole thing just went up. the explosion was so strong that folks felt it across the delaware river in new jersey. later, fire crews found the body of a 19-year-old philadelphia
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gas works employee in the blast zone. the cause is still under investigation. classes are back in session at gardena high school a day after two students were found -- were wounded in an apparently accidental shooting. a boy shot through the neck is expected to be fine but a 15-year-old girl who was struck in the head by the same bullet, well, she's in critical condition. los angeles police say the student who brought the gun to school faces charges of assault with a deadly weapon. and the mine safety and health administration says it's honing in on the causes of last year's explosion at a west virginia mine. 29 men were killed in massey energy's upper big branch coal mine. at a briefing for their families last night, they laid out their working theory. it involves a domino effect of natural causes and potential negligence. the agency cautions, though, its final report isn't due for another few months. take a look again at this room. we're still waiting. you are looking at live pictures
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from the white house, where we are expecting president obama and chinese president hu to step up to the podium any moment now for a joint news conference. we'll bring that to you live. e. nothing beats a sale! wrong move! you. you can save up to half off that sale when you name your own price on priceline. but this one's a deal...trust me. it's only pretending to be a deal. here, bid $79. got it. wow! you win this time good twin! there's no disguising the real deal.
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okay. while we're waiting for presidents hu jintao and barack obama to arrive at the white house for the briefing, they are in the white house but to arrive in the room you are looking at, i want to give you perspective on china. we're going to break in if that press conference starts. i want to give you perspective on china. let's start with actual land mass. china is about 5.9 million square miles. the u.s. is 6.1 million. so china is smaller than america but just by a little bit. about 140,000 square miles. it's about the size of the state of montana. on the grand scheme of things, similar on the scale of geography. let's talk about the population. in america, there are a little more than 310 million people. in china, $1.3 billion. basically for every one person in the united states, there are four people packed into china. a country no larger than our own. the age spread is slightly different between the two countries.
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on the -- in terms of the proportion, the percentage of youth it's about the same in both countries. china has a bigger proportion of middle age people. there are more older folks in the u.s. the proportion is a little higher but china's aging population is expected to even that out in coming years. life expectancy a little different between the two countries. people in china live about four years less on average than people here in the united states. let's talk about their government. that's a hot topic. china is a communist state. it has a institution. a president who is chosen by committee every five years. it doesn't have universal suffrage. china has three branchs of government and executive, legislative and judicial, but the judiciary and the legislative branch aren't independent of the executive as they are in the united states. china is a mix of provinces, autonomous regions and municipalities. and finally let's talk about communications. wow can't have 1.3 billion people in a country without talking about how they talk. cell phones? for every one mobile phone in
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the united states, there are about three in china. and that will tell you a lot about opportunity. china ranks number one in the world for the number of cell phones. it also ranks number one in the world for the number of internet users. tomorrow on the show, we're going to dig into social media in china. there's some things you think you'll find very, very interesting. later in the show, i'll be talking to the ceo of motorola who has just come out of a meeting with both presidents hu jintao and barack obama. i want to talk about what they are doing in china, what he hoped to achieve in that meeting and whether he got what he was looking for. take a look at the live pictures. more people streaming into the room as they await presidents hu jintao and president barack obama. i would imagine by the fact they are still streaming in that they are holding back the two presidents. perhaps they are talking some more. perhaps they are building their relationship. who knows. let's take a quick break. we're not going away from this story. we'll have more of it on the other side. [ male announcer ] from jet engines that have fewer emissions, to new ways to charge electric cars,
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away from the beginning of a press conference at the white house between presidents obama and hu. we understand that two questions will be taken from each side, four questions in total. we will have translation. we will be bringing it to you. mary brown bullock is with me. am i overselling it by saying this is really a crucial press conference for people who maybe don't like to watch press conferences? this one might make a difference. >> it's very important. it's probably hu jintao's last state visit to the united states. he wants to leave a legacy. he's out in two years. what kind of message does he want to give both to his own. >> they are all standing up. let's listen in. >> let's watch. >> everybody, please have a seat. good afternoon. it is my pleasure to welcome president hu to the white house and to return the hospitality that he showed when i visited china last year. this is our eighth meeting.
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together we've shown that the united states and china, when we cooperate can receive substantial benefits. the positive, constructive, cooperative u.s./china relationship is good for the united states. we just had a very good meeting with the business leaders from both of our countries. and they pointed out that china is one of the top markets for american exports. we're now exporting more than $100 billion a year in goods and services to china which supports more than 500,000 american jobs. in fact, our exports to china are growing nearly twice as fast as our exports to the rest of the world. making it a key part of my goal of doubling american exports and keeping america competitive in the 21st century. in cooperation between our countries is also good for china.
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china's extraordinary economic growth has lifted hundreds of millions of people out of poverty. and this is a tribute to the chinese people. but it's also thanks to decades of stability in asia made possible by america's forward presence in the region, by strong trade with america and by an open international economic system championed by the united states of america. cooperation between our countries is also good for the world. along with our g-20 partners, we've moved from the brink of catastrophe to the beginning of global economic recovery. with our security council partners, we passed and are enforcing the strongest sanctions to date against iran over its nuclear program. we've worked together to reduce tensions on the korean peninsula. and most recently, we welcomed china's support for the historic referendum in southern sudan. as we look to the future, what's
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needed, i believe, is a spirit of cooperation that is also friendly competition. in areas like those that i've just mentioned, we will cooperate, forging partnerships and making progress that neither nation can achieve alone. in other areas, we'll compete. a healthy competition that spurs both countries to innovate and become even more competitive. that's the kind of relationship i see for the united states and china in the 21st century. and that's the kind of relationship that we advanced today. i am very pleased that we've completed dozens of deals that will increase u.s. exports by more than $45 billion and also increased china's investment in the united states by several billion dollars. for machinery to software, from aviation to agriculture, these deals will support some 235,000
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american jobs. and that includes many manufacturing jobs. so this is great news for america's workers. i did also stress to president hu that there has to be a level playing field for american companies competing in china. the trade has to be fair. so i welcomed his commitment that american companies will not be discriminated against when they compete for chinese government procurement contracts. and i appreciate his willingness to take new steps to combat the theft of intellectual property. we're renewing our long-rung cooperation in science and technology which sparks advances in agriculture and industry. we're moving ahead with our u.s./china clean energy research center and joint ventures in wind power, smart grids and cleaner coal. i believe that as the two largest energy consumers and emitters of greenhouse gases, the united states and china have a responsibility to combat climate change by building on the progress at copenhagen and
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cancun and showing the way to a clean energy future. and president hu indicated that he agrees with me on this issue. we discussed china's progress in moving toward a more market oriented economy and how we can ensure a strong and balanced global economic recovery. we agreed that in china this means boosting domestic demand. here in the united states, it means spending less and exporting more. i told president hu we welcomed china's increasing the flexibility of its currency, but i also had to say that the rmb remains undervalued, that there needs to be further adjustment in the exchange rate and this can be a tool for boosting domestic demand. so we'll continue to look for the value of china's currency to be increasingly driven by the market, which will help ensure that no nation has an undue economic advantage. to advance our shared security, we're expanding and deepening
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dialogue and cooperation between our militaries which increases trust and reduces misunderstandings. with regard to regional stability and security in east asia. i stress that the united states has a fundamental interest in maintaining freedom of navigation, unimpeded commerce, respect for international law and the peaceful resolution of differences. i welcomed the progress that's been made on both sides of the taiwan straight in reducing tensions and building economic ties. and we hope this progress continues because it's in the interest of both sides. the region and the united states. indeed, i reaffirmed our commitment to a one china policy based on the three u.s. china communiques and the taiwan relations act. i told president hu we appreciated china's role in reducing tensions on the korean peninsula and we agreed that north korea must avoid further provocations. i also said that north korea's nuclear and ballistic missile
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program is increasingly a direct threat to the security of the united states and our allies. we agreed that the paramount goal must be to complete denuclearization of the peninsula. in that regard, the international community must continue to state clearly that north korea's uranium enrichment program is in violation of north korea's commitments and international obligations. with respect to global security, i am pleased that we're moving ahead with president hu's commitment at last year's nuclear security summit for china to establish a center of excellence which will help secure the world's vulnerable nuclear materials. to prevent the sprefd nuclear weapons, we agreed that iran must uphold its international obligations and that the u.n. security council sanctions on iran must be fully enforced. along with our p-5 plus one partners, we'll continue to offer the government of iran the opportunity for dialogue and
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integration into the international community, but only if it meets its obligations. i reaffirmed america's fundamental commitment to the universal rights of all people. and that includes basic human rights like freedom of speech, of the press, of assembly, of association and demonstration and of religion. rights that are recognized in the chinese constitution. as i've said before, the united states speaks up for these freedoms and the dignity of every human being. not only because it's part of who we are as americans. we do so because we believe that by upholding these rights all nations, including china, will ultimately be more prosperous and successful. so today, we've agreed to move ahead with our formal dialogue on human rights. we've agreed to new exchanges to advance the rule of law. and even as we, the united states, recognize that tibet is part of the people's republic of
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china, the united states continues to support further dialogue between the government of china and the representatives of the dalai lama to resolve concerns and differences, including the preservation of the religious and cultural identity of the tibetan people. finally, we continue to expand partnerships between our people, especially our young people. today my wife michelle is highlighting our efforts to increase the number of american students studying in china to 100,000. and i am very pleased that president hu will be visiting my hometown of chicago. mr. president, you are brave to visit chicago in the middle of winter. i have warned him that the weather may not be as pleasant as it is here today. but i know that in the students and the business people that you meet, you will see the extraordinary possibilities of partnership between our citizens. so again, i believe that we've helped to lay the foundation for cooperation between the united states and china for decades to
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come. michelle and i look forward to hosting president hu for a state dinner tonight to celebrate the deep ties between our people as well as our shared hopes for the future. president hu. >> translator: friends from the press, ladies and gentlemen, good afternoon. first of all, i want to express sincere appreciation to president obama and the government and people of the united states for the warm welcome accorded to me and my colleagues. just now, i have had talks with president obama in a candid, pragmatic and constructive atmosphere. we had an in-depth exchange of views and reached important agreement on china/u.s. relations and major international and regional issues of shared interest. we reviewed the development of
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china/u.s. relations in the last two years. we positively assessed the progress we made in dialogue, coordination and cooperation in various areas. the chinese side appreciates president obama's commitment to a positive and constructive china policy and to stable and growing china/u.s. relations, since it took office. both president obama and i agree that as mankind enters the second decade of the 21st century, the international situation continues to undergo profound and complex changes and there is a growing number of global challenges china and the united states share expanding common interests and shoulder increasing common responsibilities. china/u.s. cooperation has grit significance for our two
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countries and the world. the two sides should firmly adhere to the right direction of our relationship. respect each other's sovereignty, territorial integrity and development interests, promote the long-term sound and steady growth of china/u.s. relations and make even greater contributions to maintaining and promoting world peace and development. we both agree to further push forward the positive cooperation and comprehensive china/u.s. relationship and commit to work together to build a china/u.s. cooperative partnership based on mutual respect and mutual benefit so as to better benefit people in our own countries and the world over. we both agree to strengthen exchanges and cooperation in
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economy and trade, energy and the environment, science and technology, infrastructure construction, culture and education, counterterrorism, nonproliferation, law enforcement and other areas. so as to achieve mutual benefit. during my current visit to the united states, the relevant departments, institutions and enterprises of the two countries have signed a number of cooperation agreements and reached agreement on a series of new cooperation projects. these will inject fresh momentum into our bilateral cooperation and create a great many job opportunities for both countries. we discussed some disagreements in the economic and trade area and we will continue to appropriately resolve these according to the principle of mutual respect and consultation on equal footing. the president and i agree that china and the united states need
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to establish a pattern of high-level exchanges featuring in-depth communication and candid dialogue. president obama and i will stay in close contact through meetings, telephone calls and letters. the two sides believe that the expansion of exchanges and cooperation between our militaries contribute to deepening mutual trust between our two countries and to the growth of our overall relationship. we also agree to encourage all sectors of our society to carry out various forms of exchange activities, in particular, we have high hopes on the young people hoping that they will better understand each other's country and be more deeply involved in the people to people exchanges between our two countries. president obama and i exchanged views on the international economic situation. we believe the world economy is
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slowly recovering from the international financial crisis, but there is a fair amount of unstable factors and uncertainties. both sides agreed to strengthen micro economic policy coordination and actively pursue opportunities for greater cooperation in this process. the two sides support the g-20 playing a bigger role in international economic and financial affairs. we agreed to push forward reform of the financial system and improve global economic governance. we champion free trade and oppose protectionism. and we hope that the doha round of negotiations can make early and substantive progress. president obama and i exchanged views on major international and regional issues, including the situation on the korean peninsula, the iranian nuclear
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issue, climate change and others. we agreed to strengthen consultation and coordination on major issues that concern peace and development in the asia-pacific region and in the world. china and the united states will enhance coordination and cooperation and work with the relevant parties to maintain peace and stability on the korean peninsula, promote denuclearization of the peninsula and promote peace and stability. we will work with the united states and other countries to effectively address global challenges such as meeting the climate challenge, terrorism, transnational crime, energy and resource security, food security, public health security and serious natural disasters so as to forge a bright future for the world. i stated to the president that china is firmly committed to the path of peaceful development and a win-win strategy of opening
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up. china is a friend and partner of all countries and china's development is an opportunity for the world. that's all. thank you. >> ed fellow with the associated press. >> thank you very much. i'd like to address both leaders, if i may. president obama, you've dhoefrd broad scope of this relationship. i'd like to follow up specifically on your comments about human rights. can you explain to the american people how the united states can be so allied with a country that is known for treating its people so poorly for using censorship and force to repress its people? dowio have any confidence at a result of this visit that will change. if i may on an unrelated topic, i'd like to know what you make of the speculation that ambassador huntsman might run against you in 2012. president hu, i'd like to give you a chance to respond to this issue of human rights.
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how do you justify china's record and do you think that's any of the business of the american people? >> well, first of all, let me just say, i think ambassador huntsman has done an outstanding job as ambassador for the united states to china. he is a mand rarin speaker. he's brought commitment and dedication to the job. the fact he comes from a different party i think is a strength, not a weakness, because it indicates the degree to which both he and i believe that partisanship ends at the water's edge. and that we work together to advocate on behalf of our country. so i couldn't be happier with the ambassador's service. i'm sure he will be very successful in whatever endeavors he chooses in the future. and i'm sure that him having worked so well with me will be a
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great asnet any republican primary. let me -- let me address the other issue. and a very serious issue. china has a different political system than we do. china is at a different stage of development than we are. we come from very different cultures and with very different histories. but as i've said before, and i repeated to president hu, we have some core views as americans about the universality of certain rights -- freedom of speech, freedom of religion, freedom of assembly -- that we
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think are very important. and that transcend cultures. i have been very candid with president hu about these issues. occasionally they are a source of tension between our two governments. but what i believed is the same thing that i think seven previous presidents have believed, which is that we can engage and discuss these issues in a frank and candid way. focus on those areas where we agree. while acknowledging there are going to be areas where we disagree. and i want to suggest that there has been an evolution in china over the last 30 years since the first normalization of relations between the united states and china. and my expectation is that 30
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years from now, we will have seen further evolution and further change. and so what my approach will continue to be is to celebrate the incredible accomplishments of the chinese people. their extraordinary civilization. the multiple areas in which we have to cooperate, not only for the sakes of our countries but also for the sakes of the world. to acknowledge that we're going to have certain differences. and to be honest, as i think any partner needs to be honest when it comes to how we view many of these issues. and so that frank and candid assessment on our part will continue. but that doesn't prevent us from cooperating in these other critical areas.
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[ speaking chinese ] >> the translator is now translating the question back to chinese. [ speaking chinese ]
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[ speaking chinese ] [ speaking ch ining chinese ]
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[ speaking chinese ]
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>> i apologize. i thought we had simultaneous translation there. [ speaking chinese ] >> translator: i'm from china central television. >> translator: there is an old
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saying in china that a good relationship between the two peoples holds the key to a sound relationship between states. [ speaking chinese ] >> we know that to further strengthen the support for this relationship is also very important to the sustained,
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sound and steady growth of our relations. so president hu jintao, i would like to ask you the question, what do you think that the two countries need to do to further increase the friendship and mutual understanding between the chinese and american peoples? at the same time, we have also noted that the u.s. side has opinion saying that the united states is willing to see a stronger and more prosperous china so i would like to ask president obama, that deep in your heart do you really think that you can live comfortably with a constantly growing china? and also this question, what do you think china's development really mean to the united states?
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[ speaking chinese ] [ speaking chinese ]
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[ speaking chinese ] [ speaking chinese ]
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[ speaking chinese [ [ speaking chinese ] >> translator: i would like to take this question from the lady journalist. the exchanges between our two peoples represent the basis and the driving force behind the growth of our relationship. ever since the establishment of
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diplomatic relations between our two countries we have seen more robust exchanges between our two peoples. in such exchanges have also helped promote the steady growth of our relationship. the statistics i have show that each year we have about 3 million people traveling between our two countries. in other words, on every single day about 7,000 to 8,000 people are traveling between china and the united states. this is something hardly conceivable 32 years ago when we first established diplomatic ties. in addition, we have also seen very prod range in development of the exchanges at some national level. so far, our two countries have already established sister relationships between 36 prove
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inss and states and we have already developed 361 pairs of sister cities between our countries. the chinese government is supportive of the friendly exchanges between our two peoples, and we have been creating all kinds of conditions to expand the friendly exchanges between the american and the chinese peoples. during this visit, president obama and i reached an agreement that both sides will take positive steps to further increase the people-to-people exchanges. on the one hand, we will encourage the young people in our two countries to go to each other's countries to pursue further education and to learn more about each other and at the same time we have also decided to put in place a dialogue and exchange mechanisms between different chinese and american provinces and states. besides, we're also going to
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further expand cultural exchanges and to develop tourism. we're going to use a variety of means to further increase people-to-people exchanges. i would like to particularly stress here that the young people hold the future of this relationship. it is extremely important to increase the exchanges between the young people in our two countries. through such exchanges i hope that our friendship can be furthered, and i hope that they in the future can serve as ambassadors of good will for our two countries and they can make even more positive contribution to the development of a cooperative partnership based on mutual respect and mutual benefit. >> let me respond briefly to your question. i absolutely believe that china's peaceful rise is good for the world and it's good for
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america. it's good for humanitarian reasons. the united states has an interest of seeing hundreds of millions of people lifted out of poverty. with belie we believe part of justice and part of human rights is people being able to make a living and having enough to eat and having shelter and having electricity and the development of china has brought unprecedented economic growth to more people more
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quickly than just about any time in history. and that's a positive good for the world, and it's something that the united states very much appreciates and respects. >> we also think that china's rise offers enormous economic opportunity. we want to sell you all kinds of stuff. we want to will sell you planes.
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we want to sell you cars. we want to sell you software. and, as president hu and his government refocuses the economy on expanding domestic demand, that offers opportunities for u.s. businesses which ultimately translates into u.s. jobs. >> it also means that as china's standards of living rise, they have more purchasing power. it's something i think we have to remind ourselves, that the united states economy is still
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three times larger than china's despite having one-quarter of the population. so per capita income is still very different between the two countries, and, as china's per capita income rises, that offers an opportunity for increased trade and commercial ties that benefit both countries. >> and, finally, china's rise is potentially good for the world. to the extent that china is functioning as a responsible actor on the world stage, to the extent that we have a partner in
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ensuring that weapons of mass destruction don't fall no the h -- into the hands of terrorists or rogue states, to the extent that we have a partner in dealing with regional hot spots, to the extent that we have a partner in addressi ining issue like climate change or pandemic, to the extent we have a partner who is helping poorer countries in asia or in africa further develop so that they, too, can be part of the world economy, that is something that can help create stability and order and prosperity around the world. and that's the kind of partnership sha we'd like to see. and it's more likely to come if china feels secure and itself is doing well economically. they're more likely to be an effective partner with us on the world stage.
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[ translation into chinese ] >> hans nichols from bloomberg.
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>> thank you, mr. president. president obama, with your respect and permission, because of translation questions, could i direct one first to president hu? thank you. first off, my colleague asked you a question about human rights which you did not answer. "was wondering if we could get an answer to that question. also, on capitol hill, senate majority harry reid, house speaker john boehner are not attending the state dinner. many on capitol hill see china as a threat, what can you do to allay their fears?
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[ speaking chinese ] #. >> translator: i did not hear the question about the human rights. what i know was that he was asking a question directed the at president obama. as you raised this question and i heard the question properly, certainly i'm in the position to answer that question.
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>> president obama and i already met eight times. each time we met we had an in-depth exchange of views in a candid manner on issues of shared interest and on issues to each other's concern. and on the issues we have covered, we also discussed human rights. >> translator: china is always committed to the protection and promotion of human rights. and in the course of human rights, china has also made enormous progress recognized widely in the world.
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>> translator: china recognizes and also respects the universality of human rights and at the same time we do believe that we also need to take into account the different national circumstances when it comes to the universal value of human rights. >> translator: china is a developing country with a huge population and also a developing country in a crucial stage of reform. in this context, china still faces many challenges in economic and social development and a lot still needs to be done
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in china in terms of human rights. >> translator: we will continue our efforts to improve the lives of the chinese people, and we will continue our efforts to promote democracy and the rule of law in our country. at the same time, we also are willing to continue to have exchanges and dialogue with other countries in terms of human rights, and we are also willing to learn from eefrp achr in terms of the good practical i -- practices.
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>> translator: as president obama rightly put it just now, though there are disagreements between china and the united states on human rights, china is willing to engage in dialogue and exchanges with the united states on the basis of mutual respect and the principle of noninterference in each other's internal affairs. in this way, we'll be able to further increase our mutual understanding, reduce our disagreements, and expand our common ground. >> translator: as for the latter question about the attendance of the state dinner by some congresspeople, as to who will attend and not and for what reasons i think president obama
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is certainly in a better position to answer that question. >> is that the question you want to pose to me, hans? you get one. >> you just have spoken about some of the deals that you sealed here about the importance of exports, your own goal doubling exports, to your job strategy. at the same time, you said there needs to be further adjustment in the exchange rate and the rnb is undervalued. to what extent of china's dmesing of its currency affects jobs in this country and lowering the unemployment rate? >> i think it is important for us to look at the entire economic relationship and the currency issue is one part of it. the first time i met president hu was in april of 2009, and
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this was the first g-20 summit that i attended when we were in the midst of the worst financial crisis that we had experienced since the 1930s. [ translation to chinese [ >> and even as we were trying to stabilize the financial system,
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what was absolutely clear was that we couldn't go back to a system in which the united states was borrowing massively, consuming massively, but not producing and selling to the rest of the world, kracreating these huge imbalances that helped contribute to the crisis. >> and why the g-20 adopted a framework that called for rebalancing the world economy.
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>> we've got to cut back on these huge levels of debt both in the private sector but also in the public sector. it also means that there are structural reforms that we have to undergo to make ourselves more competitive in a world economy, so making sure we have the best education system in the world, that we're producing more engineers than lawyers, making sure that we have a handle on our fiscal problems, making sure that we've got a world-class infrastructure. those are all important parts of us being competitive and being able to export.
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>> it does also mean, though, that we have a level playing field when it comes to our trading partners. and so, with respect to china, what president hu and muyself ad
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our delegations have discussed is, how do we make sure that in fact our trading relationship is fair and a win-win situation as opposed to a win-lose situation? some of that has to do with issues completely unrelated to currency, for example, we're making progress on making sure that the government procurement process in china is open and fair to american businesses, and we've made progress as a consequence of this state visit.
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some of it has to do with intellectual property protection. so we were just meeting with business leaders and steve ballmer of microsoft pointed out that their estimate is only one customer in every ten of their products is actually paying for it in china. so can we get better enforcement since that is an area where america excels, intellectual property and high-value added products and services. [ translation to chinese ]
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>> and chiez chinese government has, to its credit, taken steps to better enforce intellectual property. we have further agreement as consequence of this state visit, and i think president hu would acknowledge that more needs to be done. [ translation to chinese [ . >> but the currency issue is a part of the problem, the rnb is undervalued. the chinese government has intervened very forcefully in the currency markets. they've spent $200 billion just recently, and that's an indication of the degree to which it's still undervalued. president hu has indicated he's
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committed to moving toward a market-based system. there has been movement, but it's not as fast as we want. what i said to president hu -- and i firmly believe this -- is not only will u.s. businesses be able to export more to china if we have a market-based currency, but it will also be good for china and president hu's agenda of expanding necessa ining dome. because if the rnb is worth more, that means they can buy more goods and services and that will contribute to china having higher purchasing power and a higher standard of living. this is something that can be a win-win. president hu's concern, understandably, is about how rapid this translation takes and the disruptions that may occur in its export sector, but i'm confident that it's the right thing to do, and my hope and expectation is that president hu's resolve will lead to a fully market-based currency
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program that will allow more effective trade between our two countries. [ translation to chinese ]
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[ translation to chinese ]
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>> translator: because of the on and off interpretation from the simultaneous booths, i would like to ask the chinese interpreter to interpret my two questions correctly and accurately. >> translator: my first question for president obama, many people do believe that the biggest problem in this relationship is the lack of strategic neutral trust. do you agree with this view? and how do you think that the two sides should enhance their
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strategic mutual trust, and how do you think that the two sides should appropriately manage their differences and expand their common interests? >> translator: my second question is for president hu jintao. we've noted that both the chinese and american leaders have on various occasions stressed the fact that the influence and significance of the china/u.s. relationship have gone far beyond the bilateral
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dimension. china and the united states share broad common interests and shoulder important common responsibilities in addressing variety of regional and global issues. so my question is, how do you think that the china and united states can step up their cooperation in the joint endeavor to tackle the increasing number of global issues? >> certainly the more that we can build a baseline of trust, as you called it strategic mutual trust, the more likely we are able to solve the friction or irritants that exist in relationship between any two countries in a more constructive way.
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[ translation to chinese ] >> which is why i think it's so important that not only governments but people in both countries understand the challenges that each country faces. and not view every issue through the lens of rivalry. for example, i know that in china many believe that somehow the united states is interested
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in containing china's rights. as i indicated in the answer that i gave to a previous questioner, we welcome china's rights. we just want to make sure that that rise is done -- that that rise occurs in a way that reinforces international norms and international rules and enhances security and peace as opposed to it being a source of conflict either in the region or around the world.
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>> and these security and economic dialogues that we've established are precisely designed to lessen suspicions, to enhance mutual understanding. the more we understand each other's challenges, the more we can take advantage of opportunities.
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[ speaking chinese ] [ speaking chinese ]
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[ speaking chinese ]
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[ speaking chinese ] >> translator: as the journalist who raised that question said, that in today's world mankind faces more and more global challenges, and i would like to stress here that no country can remain unscathed in face of so many global challenges, and no country can singlehandedly tackle global challenges. for example, in the feud of fighting terrorism, upholding the security of humanity or in tackling the international financial crisis, promoting the growth of the world economy in addressing regional hot spots, fighting national crimes, fighting piracy and treating and
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preventing communicable diseases, in all of these areas countries need to meet together to meet the challenge. china is the biggest developing country and united states the biggest developed country. in this context, it is necessary for china and the united states to strengthen their cooperation to meet such challenges. then how can china and the u.s. do a better job in working together to meet global challenges? i think there are three points i would like to make, and these three points deserve our serious attention and consideration. number one, that our two sides have acted in the spirit of cooperation as if we were in the same boat and we should row in the same direction. when we tackled previous international challenges -- and i think we need to keep up the spirit in future as we tackle
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challenges. number two, we need to increase our communication and coordination. and, number three, we need to respect and accommodate each other's interests and concerns. i'm convinced that as long as our two sides continue to act in this spirit and as long as we continue to work together with other countries concerned, we will be able to engage in cooperation in an even broader range of areas to the benefit of world peace and development. >> all right, everybody. thank you so much for your patience due to the technical difficulties, president hu, once again we appreciate your visit. we appreciate the dialogue, and we are looking forward to having dinner with you later this evening. [ speaking chinese ]
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>> thank you, everybody. >> okay. you've just watched the end of the press conference. very long press conference, hampered by a very strange technical snafu. it can't have been intentional that they did not have simultaneous translation. both the president looked a bit troubled by that and hu jintao actually commented he didn't know that was going to happen. it ended up taking a lot longer than expected. i want to talk to my guest mary brown bullock about what stood out to you, other than that technical snafu, from what you heard at that press conference? >> well, i think two things. one, certainly president obama hit the high points in u.s./china relations. i don't think there's anything he missed. i thought it was very interested. it was late in his talk, but he did get to the human rights and even brought in the issue of tibet, recognizing sovereignty
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of china over tibet but calling for dialogue with the dalai lama. certainly he can't be accused of not addressing human rights. i thought president hu -- it was too bad about the translation issue -- also acquitted himself well but probably more generally. his comments were definitely more general natured. >> at one point he talked about promoting denuclearizing in north asia. very general. >> early on he did signal one of the messages that will go to a chinese audience, and that is mutual respect including sovereignty -- including respect for china's sovereignty and territorial -- >> he said they're willing to engage with washington on the issue of mutual respect -- >> that is code for noninterference in human rights, minority issues, noninterference in tibet or even taiwan. so he didn't spell that out in
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detail, but certainly everyone hearing him knew what he meant. >> any surprises, then, in what they both did? putting aside their performance, th anything you didn't expect to hear? there certainly was no announcement of deals or understandings that we didn't go into this knowing about. >> i don't think there were any surprises. i think obama said briefly that the u.s. had to maintain its forward position in asia. he didn't elaborate that, but that is certainly signaling that the u.s. is in asia to stay, and i think that was important that he get that in. i think president hu, in at least finally addressing the human rights issue -- >> he by the way -- it was asked by a reporter, he didn't answer it and he later said it was because of the translation issue, which having watched this, it's entirely possible. >> it appears it was not translated and obama's response was not initially translated. >> before you answer that, the next chinese questioner actually said, i would like my question accurately translated.
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>> that was fascinating. >> there's something going on behind the scenes. but that said, your thoughts. >> he did finally address the human rights issue, and i think he said what is a standard line. but he said it with some force, that we do respect universality of human rights, that we're a developing country, we're at this particular stage. we have something to learn from other countries, and pledged continued dialogue. i don't think anyone expected anything else from president hu. >> okay. you hit on something that i think is the big confusing thing about china. it is, on many levels, a developing country. there are parts of china which are decidedly impofrnished and going through difficult times, high rates of illiteracy. at the same time, it is the fastest growing chi in the world, largest country in the world and largest consumer and fastest growing consumer of so many raw materials in the world. it is at the same time a developing country as a major competitive to the only superpower in the world. how do they reconcile that?
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>> it boggles the mind. if i was chinese, i would feel somewhat schizophrenic. they're per capita income is so much lower than america's. they do have a long way to go. but i think what you do sense is the momentum and the scale. you have to remember that 1.3 billion people and the education that they are now receiving, which is getting better every year, and also the determination. you know, when you're in china you feel that energy, you feel that commitment. >> sure. >> to the people to really excel and regain the position they had in an earlier era. so i don't know how you quantify that. >> right. >> but you certainly do feel a civilization on the move. >> the question, of course, is whether that move -- because when china moves just a little bit it shakes the entire world -- continues to go in the right directions. in your evaluation and the time you spent studying china, where is it going? is it going into a place where it is going to be productive for chinese and the rest of the world? are there areas in which it's
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headed that we should be worried about? >> i think the last two years china certainly has been more aggressive in northeast asia, and i think that has worried americans in a geopolitical sense. and the continued acceleration of its military program, even though it's way below ours. so i think you worry about that. i think there have been concerns that, particularly under president hu, we have had a more oppressive regime. there has not been a fast movement toward democracy, which was really a false hope. so we haven't seen that political movement in china. i think i would feel better, i think many people in this country would feel better, if you saw these reforms moving to continue the opening and more freedoms that chinese people have. my first trip was in 1974. >> wow. >> china is a different country. the people have so many more opportunities now, so much more freedom. they do talk about politics. they write. so it's not like it's a closed country, but the issue of
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political reform is still out there. >> right. one last question that you and i discussed earlier in a break. that is, for people who are watching us who are workers, who are businesspeople, what are our opportunities here in the united states out of this growing economy and this growing consumer base over the next decade or so? >> you know, i tell high school students graduating, i say, go to shanghai for one week. there was a delta flight. just go and feel shanghai. >> when you say electric, this is a city that's building more buildings than our biggest cities in the united states actually already have. >> exactly. and i think it gives people both something -- well, it helps give us a competitive spirit. i think we need more of that old american kind of competitive know-how. yes, we can improve our education system, we can transform our technology. i think mom and pop stores, that's tough. how do you do that? how do you change to a service industry if you've been a
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manufacturing industry? >> right. >> those are the hard questions for american politics and we do have to worry about those protections. i thought obama was very eloquent in his reepeated talkig about jobs. you could say this press conference for president obama was selling america to china. >> right. >> he even said, we have so much to sell. >> right. we want to keep selling, we want to sell you planes. >> he's trying to educate the united states as he is talking, whether that's sufficient for congress i don't know. >> mary, great to talk to you. >> thank you. >> mary brown bullock, the president amerit us and distinguished visiting professor of china studies. let's go to ed henry who was in that room. boy, that was an interesting press conference. what did you and the press corps take away from how candid or transparent president hu was? >> reporter: well, i think president hu maybe because of the technical glitch he just
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didn't hear the human rights question the first time. it raised my eyebrows when he skipped over it. maybe it was literally lost in translation. but had they got the follow-up question, he did answer pretty straightforward at least on the surface saying, look, i've talked about this with president obama many times. we've essentially agreed to disagree, but we've had candid conversations. he said what you might call the right things, look, china is always concerned about the promotion and protection of human rights. china is a developing country, interested in democracy and the rule of law. all of that sounds wonderful in theory, but in practice it seems far from the reality of what's really happening in china today. so there seemed to be a deep, deep divide in what president hu was trying to sell the world and what's really going on in china. >> all right, ed, was there anything there -- you have been saying very clearly to us in the lead-up to this, the same question i asked mary, there was nothing there that you did not expect to hear, there were no surprises, putting aside the delivery of the two leaders and what they emphasized?
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there were no deals, nothing in there that they discussed that you didn't know was going to happen? >> reporter: no. i really think it was, as we expected, both sides kind of laid out their markers and their points. i thought you were right to highlight what was essentially the salesman in chief. i thought it was fascinating the president said, we want to sell you all kinds of things, planes, cars, software, you name it. the fact of the matter is, he realizes, this president on the american side, that he's got to do everything he can to not just try to sell u.s. products abroad, to try to help dig us out of this awful unemployment and difficult economic situation, but he also has to sell the american people on the idea that chinese investment here at home, u.s. trade with china is not a bad thing. it is a very, very tough sell. with we knew that going into the news conference. but i thought it was interesting that the president was candid about trying to address that head-on. >> ed, thanks very much for covering us. i think you probably brushed up
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on your mandarin as a result of that press conference. our senior white house correspondent ed henry. our coverage of course continues later on today with the state dinner that will be held in washington. we've got more news for you by the way. other stuff is going on, not just china. i'll bring it to you right after this break. stay with me.
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some developing stories that we're following for you in the cnn "newsroom." according to an e-mail from her mother, congresswoman gabrielle giffords is dog well enough to be transferred to a rehab facility in houston on friday. it's a week and a half since she was shot through the brain at a public event. giffords has surprised doctor was her physical and mental capabilities. her mom's e-mail says giffords will begin aggressive rehab.
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i do want to note this development has not been confirmed by the medical center in tucson where giffords remains in serious condition. meantime, new details on some of the security videos that captureded january 8th shooting tragedy. the pima county sheriff's department key investigator tells us about the key moment. >> there's a portion of the tape where you can see very clearly that jared, the suspect, comes out of one of the doors, he walks around a table, a collapsible perhaps six-foot table. and when he does so with very significant purpose, he walks up to the congresswoman, points a gun at her face, and shoots. >> jared loughner, by the way, the suspect, will be in court again on monday for a hearing. all right. a 50-foot fireball lights up a philadelphia neighborhood, killing one person and badly injuring several others. residents had reported the strong smell of gas so a
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utilities crew rushed to the scene. they found a break in a high-pressure gas main and they got to work. then a bad sign, gas started bubbling up through the pavement, the whole thing just went up. that explosion was so strong that folks felt it across the delaware river in new jersey. later, fire crews found the body of a 19-year-old philadelphia gas works employee in the blast zone. the cause is still under investigation. classes are back in session at gardena high school a day after two students were wounded in an apparently accidental shooting. a boy shot through the neck is expected to be fine, but a 15-year-old girl who was struck in the head by the same bullet is in critical condition. los angeles police say the student who brought the gun to school faces charges of assault with a deadly weapon. a day after reconvening on capitol hill, these are live pictures at the house, the house is about to vote on a measure that would undo last year's sweeping health care reforms. the measure is likely to pass, the new republican-led house, and that's about it since democrats retain the majority in
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the senate, they don't even plan to bring this measure to the floor. while doing business in china, i'm going to talk to the ceo who is part of an important meeting at the white house between the president and president hu jintao. we're going to talk to him after the break. not all manufacturing processes are created equal. not all engineering standards are created equal. which is why not all luxury vehicles are created equal. the hard way means never taking short cuts. the hard way is how lexus inspires absolute confidence. this is the pursuit of perfection. see what it takes at lexus.com/thehardway.
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well, the business side of the chinese president's state visit to washington is pretty much complete. tonight comes the hoopla. tonight a third of the guest list haven't been released. how do we know boehner and others have declined? they and others will meet with president hu tomorrow on capitol hill. later tomorrow, he travels to the only other u.s. city on his itinerary, chicago. a chicago businessman from motorola is one of the chief executives who met with president obama and president hu at the white house. i'm joined bir the ceo of motorola solutions, greg brown, also on the executive committee of the usz/china business council. greg, thanks for being with us. i hope the translation you had in your meeting was more effective than at the press
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conference. tell me what happened in your meeting with president obama and president hu and a lot of ceos from the u.s. and china. >> i think it was a relatively abbreviated meeting but a constructive one and good one, ali. we talked about mutual opportunities in creating a bilateral investment climate, a win-win, and that irrespective of the political ebb and flows one of the constants has been u.s. business investment in china, motorola has been in china for 2 1/2 decades. we talked about some of the things we both could do together. >> and motorola has been there for a long time. there have been a number of american companies, we talked about general motors who sold more cars in china last year than the united states. what are the issues for companies like yours and others well entrenched in china? what would you like to see done differently? what he laigs in that business relationship that will help you be more profitable here and employ more people in the united states could you want to see? >> so i think the relationship and the experience in china to
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date has been very positive, but that said, we did talk about areas for improvement. one would be leveling the playing field, so making sure that u.s. companies like motorola solutions and others have equal access and a level playing field to compete for chinese government contracts as we go against indigenous providers within the country. the second was intellectual property. a lot of u.s. multinational companies develop r & d, develop a sophisticated patent process and it's fundamental that the respect and adherence to ipt elect you'll property laws and rules an regulations are key. those are two areas we talked about. president hu acknowledged ipr in one of his comments. he said it's a high property, it's evolving and he has every intention of ensuring equal treatment between u.s. companies and chinese companies as we compete in china.
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>> the preferential treatment that chinese companies gets in china has less to do with u.s. companies. basically the tier is traditionally chinese companies have had a certain treatment and countries based in other countries have had a different treatment and you're trying to level that playing field. >> that's right. that's right. so whether it be subsidies or, if a u.s. mult dice national company like motorola solutions comes in to compete for business in kmien na, making sure the requirements and the opportunity to win the business is equal to a u.s. company or any other company. those are some of the things we talked about. >> for our viewer, greg, who doesn't run a big business, what's the bigger issue in china, is it greater access to being able to manufacture more, or is it getting access to their growing middle class, which is going to buy more? >> i think it's open market access and getting access for u.s. product and services to the evolving middle class.
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so china's growing at 9% or 10% gdp growth a year. the u.s. economy is recovering. but we want to make sure we have ample opportunity to sell all u.s. products and services into that enormous market that's growing rapidly. >> and, greg, do you believe that that will help employ more people in the united states? >> absolutely. i think for every billion of exports it supports 5,000 jobs here in the u.s. i do think it's a misperception that exports takes jobs away, actually if companies thrive and export more, it creates and protecti protects more u.s.-based jobs. i know it will be good for the u.s. >> thanks for telling us about that meeting. joining us from the white house, live pictures of president hu accompanied by the vice president of the united states, our coverage of this and all the other news continues right now with brooke baldwin.
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