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

London's female wrestling scene boosted by Netflix show 'Glow'

London's female wrestling scene boosted by Netflix show 'Glow'

There has been more interest in female wrestling and a clearer sense of what it involves since hit Netlfix show 'Glow' came out
Chimpanzees can understand rock, paper, scissors

Chimpanzees can understand rock, paper, scissors

Chimpanzees can understand rock, paper, scissors, Japanese primatologists show
Bladerunners - UK lawnmowers in 12-hour endurance race

Bladerunners - UK lawnmowers in 12-hour endurance race

Drivers donned their suits and climbed into their cockpits at the weekend for a 12-hour endurance race with a difference: they weren't driving rallying cars, but lawnmowers
The highs and lows of Macron's first 100 days

The highs and lows of Macron's first 100 days

French President Emmanuel Macron heads into the summer break faced with falling popularity ratings after tough debates in parliament over labour reform and a public ethics law, a standoff with the military and cuts to housing assistance
The vending machine helping fight against HIV

The vending machine helping fight against HIV

An innovative vending machine for HIV tests being piloted in Britain aims to help in the fight to end the epidemic