Obama says he wants to focus on jobs and the economy in 2011, and he will have an early opportunity to underscore that emphasis with Hu’s visit. Obama calls for a “rebalancing” of trade relations – currently China’s trade surplus with the US has ballooned to nearly $230 billion – so that the Chinese become bigger consumers of products “made in USA.”
Another key element for the US is improving Chinese respect for intellectual property rights. In the run-up to Hu’s visit, Chinese trade officials have promised tighter controls on the thefts of foreign innovations and violation of copyrights, but the administration wants more than promises.