China's Economic Challenges for the Year Ahead

As Chinese President Hu Jintao visits the United States, China is emphasizing rising imports of U.S. goods to reduce trade frictions, including an estimated $45 billion worth of new deals. But China will continue to move gradually on structural economic reforms that the United States is demanding. This is because of China's internal economic fragility and immense policy challenges, which are becoming clearer as statistics for 2010 become available.