Obama, China's Xi seek to ease tensions on cyber security

U.S. President Barack Obama (R) meets Chinese President Xi Jinping at The Annenberg Retreat at Sunnylands in Rancho Mirage, California June 7, 2013. REUTERS/Kevin Lamarque

RANCHO MIRAGE, California (Reuters) - U.S. President Barack Obama and China's President Xi Jinping agreed on Friday to work together to try to resolve disputes over cyber security, a major irritant between the world's top two economic powers.

Hosting Xi at a two-day summit in a luxurious desert estate in southern California, Obama said the United States welcomes China's "peaceful rise" but made clear that Beijing must play by the same rules of economic world order as other major nations.