President Obama met with China's President Hu yesterday

Posted by scapozzola on 06/20/2012

President Obama and China's President, Hu Jintao, met in Mexico yesterday for bilateral talks.  The White House released a copy of President Obama's remarks.

Interestingly, there was no mention of some of the thorniest U.S.-China trade issues, like currency manipulation and subsidies.

On the subject of trade and jobs, here's what the president said:

Obviously, as two of the largest economies in the world, much of our focus has been on increasing trade and commerce between our two countries in a way that creates mutual benefits, and we have made significant progress in not only our bilateral relations, but also in helping to manage through some very difficult economic crises...

In the wake of the G20, this will be a good opportunity for us to recap the work that both China and the United States have to do to sustain global economic growth and to make sure that we are creating jobs and opportunity for our citizens.

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