FILE - In this Jan. 19, 2011 file photo, U.S. President Barack Obama and first lady Michelle Obama pose with China's President Hu Jintao at the North Portico of the White House in Washington. In the simplistic narrative of U.S. presidential politics, China is a Hollywood villain, a monetary cheat that is stealing American jobs. But in the debate Tuesday night, Oct. 16, 2012 the one-dimensional caricature offered up by Obama and Republican challenger Mitt Romney obscures the crucial reality of U.S.-China relations: For all the talk about getting tough on Beijing, the U.S. and China are deeply entwined, defying easy solutions to the friction and troubles that beset their relations. (AP Photo/Pablo Martinez Monsivais, File)

Associated Press
FILE - In this Jan. 19, 2011 file photo, U.S. President Barack Obama and first lady Michelle Obama pose with China's President Hu Jintao at the North Portico of the White House in Washington. In the simplistic narrative of U.S. presidential politics, China is a Hollywood villain, a monetary cheat that is stealing American jobs. But in the debate Tuesday night, Oct. 16, 2012 the one-dimensional caricature offered up by Obama and Republican challenger Mitt Romney obscures the crucial reality of U.S.-China relations: For all the talk about getting tough on Beijing, the U.S. and China are deeply entwined, defying easy solutions to the friction and troubles that beset their relations. (AP Photo/Pablo Martinez Monsivais, File)
FILE - In this Jan. 19, 2011 file photo, U.S. President Barack Obama and first lady Michelle Obama pose with China's President Hu Jintao at the North Portico of the White House in Washington. In the simplistic narrative of U.S. presidential politics, China is a Hollywood villain, a monetary cheat that is stealing American jobs. But in the debate Tuesday night, Oct. 16, 2012 the one-dimensional caricature offered up by Obama and Republican challenger Mitt Romney obscures the crucial reality of U.S.-China relations: For all the talk about getting tough on Beijing, the U.S. and China are deeply entwined, defying easy solutions to the friction and troubles that beset their relations. (AP Photo/Pablo Martinez Monsivais, File)
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