Us-china Relations | featured news

China on Tuesday pledged easier access for U.S. companies to key sectors of its economy by removing barriers to its huge market in government contracts and offering a foothold to U.S. mutual funds.

China escalated its opposition to American-led airstrikes on Libya on Tuesday, calling for an immediate ceasefire and warning of “a humanitarian disaster” caused by the three-day-old aerial assault.

At an elaborate color-guard ceremony welcoming President Hu Jintao of China, President Obama on Wednesday spoke of “universal rights.”

WASHINGTON (Reuters) - Chinese President Hu Jintao urged an end to a "zero sum" Cold War relationship with the United States and proposed new cooperation, but resisted U.S. arguments about why China should let its currency strengthen.

The United States and China have reached a critical juncture in their relationship and must work to establish more effective cooperation, Secretary of State Hillary Clinton said on Friday.

China's yuan currency remains "substantially undervalued" and it is in Beijing's own interest to let it appreciate more rapidly to ward off inflation risks, U.S. Treasury Secretary Timothy Geithner said on Wednesday.

Defense Secretary Robert M. Gates said he asked President Hu Jintao why the test was conducted during his visit.

With narrowing differences over a key issue, verification, there is growing hope of modest success at the U.N. conference.

China hijacked 15 per cent of the world's internet traffic for 18 minutes earlier this year, including highly sensitive email exchanges between senior US government and military figures, a report to the US Congress said.

U.S. Secretary of State Hillary Clinton denied on Thursday the United States was seeking to contain China as she began a two-week trip to an Asia-Pacific region rattled by recent Chinese assertiveness.