US vs China G20 I At G20, Obama And Xi Together Again #china #obama #xi #syria #g20

US vs China G20 I At G20, Obama And Xi Together Again Subscribe http://www.youtube.com/channel/UC0nGJdPyjUFgOL37QQWGzHQ?sub_confirmation=1 Follow us TWITTER @newsdailyplanet President Barack Obama had another one-on-one encounter with his Chinese counterpart Xi Jinping on the sidelines of the G20 Leaders' Summit in St. Petersburg Friday. This is the second meeting between the leaders of the No. 1 and No. 2 economies in three months. The last sit-down was at the Sunnylands ranch in Rancho Mirage, California. And in Russia this morning, Obama and Xi discussed North Korea denuclearization, the global economy, cybercrime, climate change, maritime security, and touched on the Syria issue. Their economic ties were the main topic. In his opening remarks during the bilateral meeting at the G20, Xi said, "We have made solid progress in advancing practical cooperation in many different areas, and we have maintained close communication and coordination of major international and regional issues. In my view, the China-U.S. relationship has maintained a sound momentum of development." Obama also welcomed the budding friendship with Xi, who took office in March from Hu Jintao. "There will continue to be some significant disagreements and sources of tension," he said in his remarks this morning, but "I'm confident that they can be managed. I want to reiterate that the United States welcomes the continuing peaceful rise of China and is interested in a China that is playing a stable and prosperous and responsible role, not only in the Asia Pacific but around the world." National Security Advisor Susan Rice was present at the meeting. Ben Rhodes, Deputy National Security Advisor for Strategic Communications said that security matters were not high on the agenda, with Syria being the main security issue at the G20. "They touched on Syria," Rhodes said about the presidents in a press conference at Konstantinovsky Palace in St. Petersburg this morning. "It was not a significant portion of the discussion, frankly, in part because it was addressed at the dinner last night. The fact of the matter is China has been unwilling to support action through the (United Nations) Security Council. But to be candid, this is one of those issues where Russia really is in the lead in terms of its support for the (Syrian president Bashar) Assad regime. I think it has not been the principal issue in the U.S.-China relationship by any measure." Rhodes said that Obama and Xi focused on economic matters. When asked by reporters if China was worried about Fed monetary policy, he said no. "This is not a source of tension between the United States and China in any significant way," Rhodes said. Building on their June 8 accord on hydrofluorocarbons (HFCs) at the Sunnylands meet, Obama and Xi agreed Friday to establish a contact group under the Montreal Protocol on HFCs to consider issues related to cost-effectiveness, financial and technology support, safety, environmental benefits, and an amendment to the Montreal Protocol. The Montreal Protocol is an old international treaty that was created to protect the ozone layer by phasing out the production of numerous substances believed to be responsible for greenhouse gases. The treaty entered into force on January 1, 1989. Since then, it has undergone seven revisions with the last one in 1999 in Beijing. .