. >> for more on the talks going on today and tomorrow, we're joined once again by orville schell, a china scholar and a director of the center on the u.s./china relations at the asian society here in through york. welcome back. >> pleasure. >> we just heard president obama as he was talking about the importance of the bilateral relationship between the u.s. and china. how significant do you think his speech was? >> well, i think they're trying to merge these two extremely important families. the most-important families of the world -- china and the u.s. and i think, you know, if it failed, it would be catastrophic. what they're trying to do is build a different kind of relationship, a new relationship, where we have more areas of convergence and cooperation than disagreement and that's challenge. >> well the president outlines sort of four areas that he saw as priority. economic recovery, climate change, proliferation of nuclear arms, and what he called transnational threats, or terrorism. how likely are we to see eye to eye on all of these issues? >> well, we won't and there are ma