The cooperation of the US and China

The scheduled meeting of the U.S. President Barack Obama's and Chinese President Hu Jintao to discuss the cooperation of the leading economy countries in Washington on Wednesday, 19 January is an interesting event to observe because the leaders wish to agree on the power of influence.

Could China insist to stop the U.S. Federal Reserve’s economy stimulation program through the huge bond purchases that should keep long-term interest rates at the law level, depreciate the dollar and raise inflation? Is the US able to convince the China to appreciate its currency and reduce its products' export to overseas? Similarly, does Chinese suggested alternative to shift the US dollar domination in the global markets with the China’s currency would be a more reliable solution?

Agenda is full of contradictions. So, could a common interest of the cooperation arise? Maybe, the answers to the following questions should be disclosed, first of all.

What are visions of the political leaders of the most powerful economies and how they are leading towards it? Why they consider themselves responsible for the global economy issues and why do they keep on persuading each other that the policies of their own interests are mutually beneficial solutions for the rest of the world?