BREAKING NEWS

Biden focuses on business in 2nd day of China talks

By REUTERS

AUGUST 19, 2011 04:37

BEIJING - US Vice President Joe Biden will focus on the business climate in China during a second day of talks in Beijing on Friday, looking for ways to reduce government obstacles for US and Chinese companies here and at home.

Biden, on the first stop of an Asia tour, met his Chinese counterpart Xi Jinping on Thursday, to build a relationship with the man widely expected to take over as president from Hu Jintao in early 2013.

US officials said those talks -- which ran over by roughly 45 minutes -- were successful and touched on issues from human rights to problems in both countries' economies.

They downplayed concerns expressed in Chinese media about the US debt and deficit situation, saying Xi expressed confidence in the strength of the US economy.

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