Obama, Hu show cooperation and differences

The Chinese president also called on the U.S. to respect China's "core interests" — code for ending support for Taiwan and for the Dalai Lama, in his Tibetan government-in-exile.

On climate, Obama said the United States and China are looking for a comprehensive deal during next month's climate change summit that will "rally the world."

Obama said the goal at the Copenhagen meeting should be an agreement that has "immediate operational effect," not just a political declaration. As the world's two largest consumers and producers of energy, Obama said the United States and China must play a key role in negotiating an agreement.

Obama said China has helped the United States pull out of the worst recession in a generation. He said a revised economic approach will help increase U.S. exports and create jobs while helping bring about higher living standards in China.

Obama came to China seeking help with an array of global troubles. He and Hu sought to strike a balance between trading partners and competitors during Obama's trip to China during his Asia tour.

A day before, Obama prodded China about Internet controls and free speech during a forum with students in Shanghai. His message was not widely heard in the country; his words were drastically limited online and shown on just one regional television channel.

He also suggested that China, now a giant in economic impact as well as territory, must assume a larger role on the world stage — part of "burden of leadership" it shares with the United States.

Eager to achieve a successful summit, the two leaders avoided spats on economic issues. With America's budget deficit soaring to a yearly record of $1.42 trillion, China is the No. 1 lender to Washington and has expressed concern that the falling price of the dollar threatens the value of its U.S. holdings.

In the U.S., American manufacturers blame China's own low currency value for contributing to the loss of 5.6 million manufacturing jobs over the past decade. During that time, America's trade gap with China has soared.

With sightseeing in Beijing's Forbidden City sandwiched in between their talks, the two leaders' day was to end at a lavish state dinner in Obama's honor.

Topmost on Obama's ambitious agenda with Hu is the so-far elusive search for global agreement on a new climate change pact, stymied by disagreement between rich nations like the U.S. and developing nations such as China. Wealthier countries want legally binding greenhouse-gas reduction targets for themselves as well as for energy-guzzling developing nations such as China, India and Brazil. Those poorer nations say they will set only nonbinding goals and they demand assistance to make the transition to harder targets.

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