Obama hosts Chinese President Xi Jinping and his wife at a White House state dinner. Rough Cut (no reporter narration)
ROUGH CUT (NO REPORTER NARRATION) U.S. President Barack Obama hosted a state dinner on Friday (September 25) in honor of visiting Chinese President Xi Jinping. President Obama and First Lady Michelle Obama greeted President Xi and Chinese First Lady Peng Liyuan at the White House. Xi's first visit to the United States as President comes at a contentious time in US-Chinese relations. But the leaders of the two countries have said that they have made progress on a number of topics including cyber espionage, economic trade and climate change. Obama announced on Friday that he had reached a "common understanding" with Xi on curbing economic cyber espionage, but threatened to impose U.S. sanctions on Chinese hackers who persist with cyber crimes. Xi announced that China, the world's biggest emitter of greenhouse gases, will launch a national carbon cap-and-trade system in 2017 to help contain the country's emissions. For Obama, the deal with China strengthens his hand ahead of a global summit on climate change in Paris in December.