Sino-American relations are at the top of President Obama's list of foreign policy priorities. Chinese President Hu Jintao and Obama met on the eve of the G20 Summit and have already agreed to speak regularly and to fight protectionism. To that, Jake Tapper just posted:
"'I just want to welcome President Hu and thank him for extending himself to come to visit," President Obama said this afternoon after meeting with Hu Jintao, president of the People's Republic of China. "And for allowing us to have our first face to face conversation.'
"'Obviously China is a great power, it has a long and extraordinary history,' the president continued, pausing after each sentence or two for his comments to be translated into Chinese. The White House has reported that Hu invited Mr. Obama to visit China in the second half of the year, and the American president accepted the offer."
The rising Chinese superpower has increasingly flexed it's muscle with its strong opinions on the international monetary system. And, of course, China's economy and America's are deeply entwined.