Obama: China's Economic Rise Can Help U.S.

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The U.S. and Chinese economies are closely tied together, but many politicians contend that China has rigged the rules in its favor.

Chinese president Hu Jintao is certain to hear that message Thursday when he meets with congressional and business leaders. It is Hu's first visit to the U.S. in five years.

After meeting with President Barack Obama, Hu made a surprising comment about China's human rights.

During a joint news conference on Wednesday, Hu conceded that "a lot still needs to be done in China in terms of human rights."

The White House believes it was the first time the Chinese leader has publicly made such a statement.

However, Hu also said China won't accept interference in its "internal affairs." His announcement came as demonstrators protested Hu's visit near the White House.

Senate Majority Leader Harry Reid, D-Nev., turned down an invitation to Wednesday night's state dinner. Reid even called Hu "a dictator" during one interview.

Shared interests were the focus of the star-studded evening, honoring the communist president whose country's economy grew 10.3 percent last year.

"We want to sell you planes," Obama told Hu. "We want to sell you cars. We want to sell you software."

Hu promised his country will buy $45 billion worth of U.S. products. The White House said those purchases would support nearly 250,000 U.S. jobs.

"We just want to make sure that (China's) rise occurs in a way that reinforces international norms, international rules, and enhances security and peace, as opposed to it being a source of conflict either in the region or around the world," Obama said.

"Everyone is very interested in becoming involved in China, and I think China is responding as such with an increase in consumption," said Avram Deitch, marketing manager for Delicato Family Vineyards.

President Hu is in the middle of a four day trip to the U.S, which kicked Wednesday with a joint press conference and a state dinner.

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CBN News
Efrem Graham

Efrem Graham

News Anchor & Reporter

Efrem Graham is an award-winning journalist, who comes to CBN News from the ABC owned and operated station in Toledo, Ohio.  He received his master's degree from the Columbia University Journalism School. He also holds a bachelor's degree in English Literature from the Richard Stockton College of New Jersey.  Follow Efrem on Twitter @EfremGraham and "like" him at Facebook.com/EfremGrahamCBN.