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Summary The United States and China begin two days talks on political and economic issues.
The worlds two biggest economies will tackle areas of tensions in the annual discussions, this year in Washington, but observers expect no major breakthrough.This round, we fear, is going to be a tough one, said Carl Weinberg, chief economist at High Frequency Economics.With both sides still far apart on key economic issues, he said, prospects for love and happiness to emerge from these talks are very low.Secretary of State Hillary Clinton and Treasury Secretary Timothy Geithner will lead the US team in the third annual US-China Strategic and Economic Dialogue.They will be meeting with two of the highest-ranking officials in the Chinese government: Vice Premier Wang Qishan and State Councilor Dai Bingguo.For the first time, top military representatives from both sides will attend.
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