China puts on a gala performance for global heads of state attending the G20 summit in Hangzhou. Rough Cut (no reporter narration).
ROUGH CUT (NO REPORTER NARRATION) STORY: Parts of Hangzhou were lit up on Sunday night as China put on a gala performance for global heads of state attending the G20 summit. Host Chinese President Xi Jinping were joined in the audience by U.S. President Barack Obama, Russian President Vladimir Putin, Japan's Prime Minister Shinzo Abe, Britain's Prime Minister Theresa May, France's President Francois Hollande and India's Prime Minister Narendra Modi. At the opening of the summit, Xi warned the global economy is being threatened by rising protectionism and risks from highly leveraged financial markets. His warning on Sunday followed bilateral talks with Obama that the U.S. president described as "extremely productive", but which failed to bring both sides closer on thornier topics such as tensions in the South China Sea. With the summit taking place after Britain's vote in June to exit the European Union and before the U.S. presidential election in November, observers expect G20 leaders to mount a defense of free trade and globalization and warn against isolationism. Security was extremely tight in Hangzhou, with parts of the city of 9 million people turned into a virtual ghost town as China seeks to ensure that the G20 summit stays incident-free. The two-day summit runs from Sunday to Monday (September 5).