China and US seek common ground with €33bn deal

US President Barack Obama and Chinese President Hu Jintao vowed yesterday to work to find common ground as the two countries announced $45 billion (more than €33bn) in export deals.

China and US seek common ground with €33bn deal

After a year of strains, the leaders opened a Washington summit that put the focus on often diverging agendas on currencies, trade, global security and human rights.

Welcoming Hu to the White House amid the pomp of a formal state visit, Obama hailed the event as a chance to demonstrate that “we have an enormous stake in each other’s success”.

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