China's Hu pledges steps to ease U.S. frictions

NEW YORK (Reuters) - President Hu Jintao acknowledged U.S.-Chinese trade frictions on Tuesday and promised President George W. Bush to try to ease a trade imbalance that is of growing concern in Washington. 

"What I would like to stress here is that China does not pursue a huge trade surplus with the United States and we're willing to work with the United States to take effective measures to increase China's imports from the United States," Hu said at the start of a meeting with Bush.