As the gathering of the Pacific Rim’s political and economic heavyweights winds down in Hawaii, it’s the latest rift between the globe’s two centres of financial influence which is dominating. The U.S. has been criticising China for its trade and currency practices. This year the U.S. and China continued to outline competing economic programs. Hu Jintao insisted on more influence for Beijing as a growing power, while Obama zeroed in on China’s trading decisions. RT’s Oksana Boyko explains the differences that have piled up between the two.
US vs China: Who rules the roost?