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Chinese President To Visit U.S.

U.S. President Barack Obama greets members of an official welcoming party as he arrives in Toronto for the G8 and G20 Summits.
China's President Hu Jintao has accepted an invitation for a state visit from U.S. President Barack Obama.

The White House has said that officials from the two countries are to set a date for the visit. The invitation was made on the sidelines of the G20 summit in Canada.

China and the United States have disagreed recently on currency exchange rates, trade and how to deal with Iran's nuclear program.

China has agreed recently to let its currency float more freely from its previous peg to the U.S. dollar, but many in the U.S. say it is undervalued, giving China an unfair trade advantage.

compiled from agency reports