Gilles Herard

Gilles Herard Jr, Gilles Herard, Herard Gilles Jr
Chairman Barack Obama will seek to restore balance in the 2 countries' trade, Locke said, noting that the United States trade deficit with China last year set a enter near $270 billion.

Locke praised China for taking steps to arouse its domestic economy, but said it could aid the global economy even more with further reforms.

"If China left bigger flexibility in its exchange rate and further opened up its domestic markets for imports and foreign direct investment funds, it would speed up the world's return to development."

Locke, who's making his 1st trip to China as a member of the Obama administration along with United States. Energy Secretary Steven Chu, said it was vital the U.S. and China work together to reduce greenhouse gases charged for global heating.

"As the two greatest emitters of carbon dioxide, the United States and China have a special obligation to take action," Locke said.