From The Financial Times (link):
China will take measures to meet US complaints about their bilateral trade deficit as part of next month’s trip to Washington by Hu Jintao, Chinese president, but has warned that the US must take responsibility for its economic imbalances.
Wen Jiabao, China’s premier, in unreported comments to a forum of foreign business executives on Monday evening, promised initiatives on issues such as abuse of intellectual property rights, a long-running complaint of investors.
“But it is unfair for the US to scapegoat China for the US’s own structural economic problems,” Mr Wen added, according to two executives at the closed meeting, and asked that this comment be relayed to the American people.