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Bush: US to Continue Working with China on Trade Imbalance


President Bush says the United States will continue to work with China on narrowing the huge trade imbalance between the nations.

But he failed to report any concrete advance on the issue after meeting at the White House on Thursday with Chinese President Hu Jintao.

China's record 200-billion-dollar trade surplus with the United States has been a major concern in the U.S. Mr. Bush says Mr. Hu understands such an imbalance is unsustainable.

Washington also is pressuring China to revalue its currency.

Mr. Bush said they also discussed Iran, Sudan and North Korea, and both want a Korean Penninsula free of nuclear weapons. Mr. Hu said China will continue to work toward peacefully resolving nuclear issues regarding North Korea and Iran.

Earlier at a welcoming ceremony, President Bush pressed China to allow freedom of assembly, speech and worship.

A heckler shouted as Mr. Hu gave his remarks and was escorted out by security officers. CNN reports that Beijing blocked reception of its signal in China when it reported on the heckler.

Outside the White House gates, several hundred people gathered to protest China's human rights record, but some waved banners in support of Mr. Hu.

On Wednesday, in the northwestern U.S. state of Washington, Mr. Hu said China wants to make foreign exchange markets more efficient, but is not yet ready to make a drastic change in the value of its currency.

He is scheduled to deliver a major policy speech Friday at Yale, a top U.S. university in the northeastern state of Connecticut.
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