China Leader Vows Steps on Trade Surplus
Saturday November 19, 11:32 pm ET
By Terence Hunt, AP White House Correspondent
Chinese Leader Tells Bush That He Will Take Steps to Reduce Huge Trade Surplus With the U.S.
BEIJING (AP) -- President Hu Jintao on Sunday promised President Bush that China will take steps to reduce its huge trade surplus with the United States and said the two countries can deal with their problems.
Hu said he also told Bush that China was willing to step up protection for intellectual property rights.
"The two sides also expressed their willingness to join hands together to gradually achieve a balance of trade between China and the United States," Hu said through a translator. "The frictions and problems that may arise in this rapid development of the two-way trade may be properly addressed through consultations."
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