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China-U.S. ties have weathered a series of crises over the past year over dissidents, Chinese trade practices, opposition to Chinese investment in the U.S. and
-- most recently -- hacking accusations. While basically stable, political ties are seen as lagging behind the economic relationship, with two-way trade hitting almost $500 billion last year, and China's new president, Xi Jinping, isn't expected to meet President Barack Obama until an economic summit in Russia in September. Following Xi's elevation, Li was appointed premier last week, with running China's economy his main responsibility.
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