13 Nov '11, 8am

Headline: Obama tells Hu of American impatience with China

Headline: Obama tells Hu of American impatience with China

United States President Barack Obama told China's President Hu Jintao on Saturday that Americans were 'frustrated' and 'impatient' at the pace of change in Beijing's economic policy. -- PHOTO: REUTERS HONOLULU, Hawaii (AFP) - United States (US) President Barack Obama told China's President Hu Jintao on Saturday that Americans were 'frustrated' and 'impatient' at the pace of change in Beijing's economic policy. Mr Obama delivered the frank warning in talks on the eve of a major Asia-Pacific summit, a senior US official said, after the president earlier warned that China must 'play by the rules' of international trade. The president's direct language betrayed increasing US concern over the level of China's yuan currency, which critics say is kept artificially low to boost exports, and Beijing's observance of intellectual property standards. The meeting took place amid rising...

Full article: http://www.straitstimes.com/BreakingNews/World/Story/STIS...

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