This is the second presidential summit with China in less than a year. That has never happened. Talking with China is not the problem anymore. The challenge is in making progress on what we are talking about. We have a complex relationship with China.
China is important strategically and politically.
And despite some progress we are making on the trade front, our deficit looms ever larger. It has increased five-fold since 1990. Many CEOs tell me China is their largest growth market. We know China regards our market as key to their growth. Ambassador Aaron just led a delegation of 18 companies to China, including seven insurance firms.