China's Hu hails frank talks with Obama

Reuters    Translate This Article
17 November 2009

BEIJING (Reuters) - Chinese President Hu Jintao said on Tuesday that he had agreed with U.S. President Barack Obama to increase international cooperation, after 'frank, constructive and fruitful' talks in Beijing.

There are signs of revival, but still no firm recovery in the international financial situation, Hu said, adding that the two sides had reiterated commitments to increase dialogue on macroeconomic issues and resolve economic and trade frictions.

The two countries achieved 'broad consensus' Hu said, and agreed to fight protectionism and to try to ward off future financial and economic crises.

(Reporting by Chris Buckley, writing by Lucy Hornby; Editing by Benjamin Kang Lim)

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