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Obama stresses US and China's mutual interests

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Obama stresses US and China's mutual interests


The US president has sought to ease tensions with China over trade and other issues in the opening address of his visit to the emerging superpower.

Barack Obama told a gathering of students in Shanghai that their countries were not pre-destined to be adversaries and that Washington did not seek to restrict China’s rise. He said better relations could lead to more prosperity for both nations. “Truly, this is a nation that encompasses both a rich history and a belief in the promise of the future.The same can be said of the relationship between our two countries.Shanghai of course is a city that has great meaning in the history of the relationship between the United States and China,” he added. During this, his first visit to China Obama will attend a summit that will grapple with economic imbalances and US concerns about the yuan currency, which Washington believes is undervalued. He will meet President Hu Jintao in Beijing tomorrow. A range of sensitive issues are on the agenda, including China’s human rights record in Tibet.

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