US China Relations
China's President Hu Jintao visits the U.S. to talk business with President Obama and corporate leaders.
Today Chinese President Hu Jintao meets privately with President Obama. Then he'll talk to America's top CEO’s about making it easier to do business.
CNBC Chief Washington Correspondent John Harwood said, "By hearing it directly from corporate executives rather than from politicians the Chinese will take these complaints more seriously."
Chinese companies investing in the U.S. will also attend.
Jonathan Pollack, a China Analyst for the Brookings Institutition said, "If Hu can demonstrate...here's a way by our investment we are keeping Americans employed...that would have a significant political benefit."
The issue is China's currency, which is rising in value, but not fast enough the U.S. says.
Secretary of State Hillary Clinton said, "China still needs to take important steps toward reform."
Low currency makes Chinese goods super-cheap. That hurts American businesses.
Gerard Manning, the Owner of Fit2Win Sports Clothing said, "Ten cents an hour...you can't compete!"
Human rights is also an issue.
New Jersey Representative Chris Smith said, "We urge President Obama to join us in speaking out for all those in China whose basic human rights are violated."
Advocates are calling tonight's lavish state dinner inappropriate, given China's record on human rights.