Despite the pomp, pageantry and vows of cooperation, tensions between the United States and China are likely to grow, not shrink, after President Barack Obama's summit meeting with Chinese President Hu Jintao. While the United States struggles with near-chronic unemployment and a continuing housing crisis, China was the first major economy to power out of the global downturn and recently passed Japan as the world's second-largest economy. (The Irrawaddy)
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