Obama: Big trade surplus countries should boost domestic demand

Barack Obama in Yokohama, Japan to participate in the Asia-Pacific Economic Cooperation (APEC) summit, said no country should rely on the U.S. export promotion fade national economy.

Obama held in the APEC summit APEC summit, said the economic sector has a huge trade surplus countries should take measures to boost domestic demand growth.

Although Obama has not specified the name of any country, but apparently he was referring to China and Japan, two major U.S. trade partners.

Obama said that the latest economic crisis has exposed consumers to rely on exports to Asia and the United States to promote economic limitations.

Chinese President Hu Jintao also delivered a speech on the financial sector summit, he promised to promote the domestic market potential, the promotion of international balance of payments as an important task.

He also pledged China would further promote the RMB exchange rate reform, but made it clear that this can only be a gradual process.

Obama and President Hu Jintao arrived in Yokohama in took part in a meeting in Seoul, Korea Group of 20 (G20) summit.

The United States intends to use the summit to its so-called "global imbalances," the phenomenon of pressure, the main goal is to China.

While China and other countries at the summit criticized the United States to continue to tit for tat "quantitative easing" is irresponsible to the world economy.

G20 summit did not end in currency, exchange rates and international trade of any breakthrough, but agreed to allow developing economies in the international economy have more say in decision-making process.