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Detailed text transcripts for TV channel - CNN - 20110117:13:18:00

we exported $81 billion of goods, we imported $334 billion. we import every day $755 million more than we export. that translates into jobs, a huge, huge imbalance between these two countries that many say is still at the root of so many of our diplomatic problems. it is all about china. this is a big visit. some technical difficulties, not technical difficulties, but work out how this is presented to the world. a trade commission came back and said they were profoundly disappointed in the progress they made in china in opening china to u.s. goods. what happens this week matters to all of us. it sure does. an abrupt and chilly ending to a day of skiing. this is not how you want to end up.

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