This article, published in January of this year, focuses on the developments made concerning Sino (China)-U.S relations since Obama's last visit to China since November 2009 that, it states 'until [that] week [had] been perhaps the worst [...] in two decades [...] since the Tiananmen incident of 1989.' A meeting between presidents Barack Obama and Hu Jintao succeeded in 'stabilising the world's most important relationship.'
A key determining factor seems to be a necessity for both parties to restart positive, pro-active discourse and 'reset the tone.' The summit seemingly lead to a 'detailed joint statement [seen as] a step in the right direction, setting out common positions and perspectives on a range of issues.' More contemporary issues were discussed such as intelligence services, internal security and the Chinese military. They appeared to agree on issues surrounding human rights, with President Hu accepting that a lot still needs to be done.
The United States has the world's largest economy, with China having the second largest. The two countries are major trade partners and have two major common interests - the fight against terrorism and the spread of nuclear weapons (nuclear proliferation). The act of recognising the fact that 'full respect and dignity befitting the leader of the world’s second largest economy' should be given to President Hu by the American side seems implicit in the development of the 41 point statement agreed by both sides.