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an original use of an icon or a graphic. >> sarah palin made those comments not on msnbc but on fox news. back to our lead story. washington now rolling out the red carpet for china's president hu jintao. the biggest holder of u.s. debt talks with president obama is expected to be tough. a ali velshi is here and we want to dissect the relationship with the united states and china. >> is it good for the u.s. or bad for the u.s.? i think you get a lot mixed views. the fact is it's both. let me start with the bad because that's the stuff we hear about. we hear about that all the time. the first one is chinese currency, it's called the u.n. it's pegged to the u.s. dollar so it doesn't float like other currencies do. so a lot of people say the yuan is undervalued by 10% to 40%.

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