and i hope that we can continue the conversation in beijing. >> thank you. >> rose: on wednesday hu jinto met with c.e.o.s at the white house. disagreement over china's restrictive exchange policy, president obama and president hu spoke about the economic relationship between china and the united states. >> it is important, i think, to note that even with china's enormous population, the united states still does more trade with europe than it does with china. that i think gives an indication of the amount of progress that can be made if we are consulting with each other, if we are hearing specifically from business in terms of how we can ease some of the frictions that exist in our trading relationship, and so my hope is that today in the brief time that we have we'll be able to hear some concrete ideas about how we make sure that trade is fair, that there is a level playing field, how can we protect intellectual property? how can we promote innovation? how can both of our governments remove barriers to trade and barriers to job creation? if. >> our two-way trade has brought about $6 bill

tocretary geithner, head of division byda president hu jinto to this country will speak to us on u.s.of you know is of great importance the su to both countries and to the world. in the absence of being at thehs school and the hand of our china studies department, david chmpton who was also watching koom koreaen, we are a truly internationalre school, i've ben asked to introduce the secretary and to serve as moderator during the question-and-answer session. i am pieter bottelier and i cous teach courses of china's economy at the school. since tim geithner is well-known to all of you, i can keep my a introductory comments very short tim has played a very prominent role in national and rolin international economics and finance for many years. he always has a special interest intere in ea. he was sworn in as 75th u.s. he secretary of the treasury on 26 january 2009 in the middle of a deep recession as i don't have to remind you. there are very few challenges that have not been thrown at him since that time. he worked in the treasury department earlier from 88 to 2001. under two secretari