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ABOARD AIR FORCE ONE, Nov 15 (Reuters): A senior aide to President George W Bush yesterday played down expectations of a major breakthrough on the huge US trade deficit with China.
"This is going to be an issue, you know, it's a longstanding issue that we've had with China," White House national security adviser Stephen Hadley told reporters aboard Air Force One as Bush was en route to Asia for a four-nation tour that will include a visit to Beijing Saturday.
Bush plans to press Chinese President Hu Jintao to take further steps toward currency flexibility and to do more to open its markets to US goods, including cracking down on trade in fake American products.
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