U.S. warns on exports, China pledges reform at APEC
World News • 11/13/10 3:23:34 am • Views: 315
President Barack Obama called for surplus economies such as China to end reliance on exports for growth, but his Chinese counterpart cautioned that economic policy change would come gradually.
Obama and Chinese President Hu Jintao spoke to Asia-Pacific business executives a day after a summit in Seoul of the Group of 20 major economies managed only vague commitments to keep a fragile global economic recovery on track.