Reuters - Video

Edition: US | UK | IN | CN | JP

video Video

Bernanke steps into the spotlight
Bernanke steps into the spotlight - 02:13
The official royal wedding guest list revealed
The official royal wedding guest list revealed - 01:23
Shuttle astronauts arrive at Cape Canaveral
Shuttle astronauts arrive at Cape Canaveral - 01:18
Waiting for Bernanke
Waiting for Bernanke - 01:51
Hospital staff flee border fighting
Hospital staff flee border fighting - 01:10
Thousands at Sai Baba funeral
Thousands at Sai Baba funeral - 01:03
Al Qaeda releases hostage messages
Al Qaeda releases hostage messages - 01:43
Obama calls birth controversy \
Obama calls birth controversy "distracting" - 05:29
Three blasts hit Kirkuk
Three blasts hit Kirkuk - 01:25
Protests intensify in Yemen
Protests intensify in Yemen - 01:24
Border clashes displace thousands
Border clashes displace thousands - 01:50
S&P Credit Rating Warning Helpful - Lister
S&P Credit Rating Warning Helpful - Lister - 00:53

Obama urges China to be responsible

Monday, November 14, 2011 - 01:31

Nov. 14 - Obama says China needs to take greater responsibility for it's role as the world's 2nd largest economy. Julie Noce reports.

▲ Hide Transcript

▶ View Transcript

Adding to his earlier statement that China should "play by the rules" when it comes to currency valuation and trade issues, U.S. President Barack Obama said Beijing should refrain from taking advantage of a low currency. He made the comment at the Asia Pacific Economic Cooperation in Honolulu Sunday evening. (SOUNDBITE) (English) U.S. PRESIDENT BARACK OBAMA SAYING: "We try to set up rules that are universal that everyone can follow, and then we play by those rules, and we compete fiercely. But we don't try to game the system. That's part of what leadership's about. Their role is different now than it was 20 years ago, or 30 years ago, where if they were breaking some rules, it didn't really matter. It did not have a significant impact, you weren't seeing huge trade imbalances that had consequences for the world financial system. Now, they've grown up and so they're going to have to mange this process in a responsible way." Leaders from 21 countries that represent more than half of the world economic output spent the weekend in Honolulu at the summit. Obama will travel to Indonesia next for the Association of Southeast Asian Nations summit later in the week. Julie Noce, Reuters

Press CTRL+C (Windows), CMD+C (Mac), or long-press the URL below on your mobile device to copy the code

Close

Obama urges China to be responsible

Monday, November 14, 2011 - 01:31

Featured Videos

Ivorian wins first African freestyle football champs

Ivorian wins first African freestyle football champs

A freestyle footballer from Ivory Coast wins the first African championships, held in Nigeria
Che Guevara poster artist on revolutionary times

Che Guevara poster artist on revolutionary times

Fifty years after creating the Che Guevara poster that still adorns student bedrooms around the world, Irish artist Jim Fitzpatrick is delighted at its ubiquity, but concerned at its exploitation for commercial gain
Netfix and HBO tie for total wins at the Emmys

Netfix and HBO tie for total wins at the Emmys

It was a night of upsets for the highest honours in television and a triumph for streaming services, as Netflix drew with HBO for first place at the awards show
BMW shows off self-driving motorcycle

BMW shows off self-driving motorcycle

BMW has released video of its first self-driving motorbike, an autonomous version of its R1200GS motorcycle
Aston Martin swaps V12 for 800V

Aston Martin swaps V12 for 800V

Aston Martin, the car company synonymous with James Bond, has launched its first ever electric sports car, the Rapide E