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Obama Tells China's Hu of Need to Correct Trade བོད་སྐད།


U.S. President Barack Obama has told Chinese President Hu Jintao that global trade imbalances need to be corrected.

The White House said Mr. Obama telephoned Mr. Hu Friday to discuss the relationship between the two countries and the world economic crisis.

Spokesman Robert Gibbs said the two presidents agreed close cooperation between the U.S. and China is vital on the economic crisis. President Obama stressed the need to correct global trade imbalances as well as the need to stimulate growth and get credit markets flowing.

The United States has a huge trade deficit with China.

The two also discussed their intention to build a more positive and constructive U.S. - China relationship.

In addition, the leaders agreed to work together on global issues including nuclear proliferation in North Korea and Iran, counterterrorism and climate change.

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In a Thursday television interview, U.S. Vice President Joe Biden said the Obama administration would take a blunter approach in insisting China play by international trade rules.

Last week, Treasury Secretary Tim Geithner angered China by accusing it of manipulating its currency.

China denied the charge and warned the United States not to trigger trade protectionism.

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