The disconnect between production and consumption threatens both China and America.
On first Obama trip to China, the message is clear: This is about China's rise, not Obama popularity.
Some 400 students attended Obama's town hall meeting in Shanghai, China, Monday. But Chinese censors blocked Facebook and YouTube, limiting coverage to local TV and China's official news agency.
President Obama and other APEC leaders agreed there wasn't enough time to reach an agreement on climate change at the Copenhagen summit next month.
China, the world leader in both economic growth and carbon emissions, faces the dilemma of how to respond to the challenges of global warming while not harming its robust economy.
South Korea accused North Korea of entering its waters and ignoring warning shots, charges the North denies.