U.S. President Barack Obama and Chinese President Xi Jinping discuss cyber spying, territorial disputes and human rights. Rough Cut (no reporter narration).
ROUGH CUT (NO REPORTER NARRATION) President Barack Obama hosted Chinese President Xi Jinping for his first U.S. state visit on Friday but behind the pomp and pageantry were tensions over alleged Chinese cyber spying, territorial disputes with its neighbors, and Beijing's human rights records. Obama greeted Xi on arrival at the White House for an elaborate ceremony on the South Lawn, including a military honor guard and 21-gun salute. The two leaders then sat down for a formal summit before holding a news conference in the Rose Garden. U.S. and Chinese officials hope to cast the talks in a favorable light by showcasing at least one area of cooperation - the global fight against climate change - when the leaders officially unveil a deal later on Friday to build on a landmark emissions agreement struck last year. China will announce that it will launch a national carbon emissions trading market in 2017 as part of the joint climate change statement, U.S. officials said. But that cooperative achievement was likely to be overshadowed by major disagreements that underscore a growing rivalry between the world's two biggest economic powers.