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Issues. many people in the u.s. accuse china of deliberately undervaluing its currency. the result is that u.s. goods are more expensive in china and chinese goods are much cheaper in the u.s. stan grant joins me now from cnn beijing to talk more about that. hi, stan. let's deal with the currency issue here. why is it so crucial? >> look over my shoulder, zain. behind me you can see a sparkling city. there are cities that are growing every year in beijing. tens of millions of people moving from the countryside to the cities, and for that the economy needs to -- the government needs to provide ...

Computer software and a country the size of china it is a huge problem. >>shepard: our president talked about the keptcy issue -- about the currency issue. >>reporter: that is right, the chinese have recently started to move the value of the waun upward but the president obama called for more action to make it more level playing field for american businesses trying to sell their products to not old the chinese government but to chinese consumers, again, the second largest economy in the world. so, the president is pushing president hu to do more. we will see where it goes. >>shepard: we will. ...