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When U.S. President Barack Obama this week makes his first visit to Asia as the nation's chief executive, he will have no shortage of issues to address. However, there are three key subjects that he will pay particular attention to.
- China's currency, the yuan, which Beijing keeps undervalued to boost exports.
- The large trade imbalance between China and the United States.
- And a pending free trade agreement (FTA) with South Korea.
Analysts believe President Obama will push to ratify a free trade deal with South Korea that was signed in 2007 but has failed to pass legislatures in both countries. Many also hope he will pursue other agreements like it.
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