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Chinese President Hu Jintao appeared unmoved by President Obama's efforts to have China's monetary policy loosened, saying yuan exchange rates are not to blame for the U.S. trade deficit and weak job market.

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President Obama arrives Sunday at the Asia-Pacific Economic Cooperation summit in Honolulu. Mr. Obama said China must adhere to international trade rules and stop infringing upon U.S. intellectual property rights. (Associated Press)

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Chinese President Hu Jintao appeared unmoved by President Obama's efforts to have China's monetary policy loosened, saying yuan exchange rates are not to blame for the U.S. trade deficit and weak job market, according to the Xinhua News Agency. (Associated Press)

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President Obama (right) and his wife Michelle (second from left) greet Chinese President Hu Jintao (second from right) and his wife Liu Yongqing before their dinner at the APEC Summit in Honolulu on Nov. 12, 2011. (Associated Press)

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President Barack Obama and first lady Michelle Obama are welcomed by Hawaii Gov. Neil Abercrombie, center, and Rep. Mazie Hirono as they disembark Air Force One as they arrive at Hickam Air Force Base in Honolulu, Hawaii, where they will host the APEC summit, Friday, Nov. 11, 2011. (AP Photo/Charles Dharapak)

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President Barack Obama and first lady Michelle Obama disembark Air Force One as they arrive at Hickam Air Force Base in Honolulu, Hawaii, where they will host the APEC summit, Friday, Nov. 11, 2011. (AP Photo/Charles Dharapak)

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President Barack Obama speaks to the crowd as first lady Michelle Obama listens before the Carrier Classic NCAA college basketball game between Michigan State and North Carolina aboard the USS Carl Vinson, Friday, Nov. 11, 2011, in Coronado, Calif. (AP Photo/Charles Dharapak)

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A member of the National Honor Guard looks out to listen to President Barack Obama as he spoke during a Veteranís Day ceremony at Arlington National Cemetery in Arlington, Va., Friday, Nov. 11, 2011. (AP Photo/Pablo Martinez Monsivais)

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President Barack Obama speaks during a Veterans Day ceremony at Arlington National Cemetery in Arlington, Va., Friday, Nov. 11, 2011. (AP Photo/Evan Vucci)

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Guest bow their heads for a moment of silence during a Veteranís Day ceremony where President Barack Obama spoke, Friday, Nov. 11, 2011, at Arlington National Cemetery in Arlington, Va.(AP Photo/Pablo Martinez Monsivais)

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President Barack Obama speaks during a Veterans Day ceremony at Arlington National Cemetery in Arlington, Va., Friday, Nov. 11, 2011. (AP Photo/Evan Vucci)

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President Barack Obama walks in with Maj. Gen. Michael S. Linnington, Commander of the U.S. Army Military District of Washington, before placing a wreath at the Tomb of the Unknowns during a Veteranís Day ceremony at Arlington National Cemetery in Arlington, Va., Friday, Nov. 11, 2011. (AP Photo/Pablo Martinez Monsivais)

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President Barack Obama walks in with Maj. Gen. Michael S. Linnington, Commander of the U.S. Army Military District of Washington, before placing a wreath at the Tomb of the Unknowns during a Veterans Day ceremony at Arlington National Cemetery in Arlington, Va., Friday, Nov. 11, 2011. (AP Photo/Pablo Martinez Monsivais)

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President Barack Obama makes an unscheduled visit to the African American Policy in Action Leadership Conference, Wednesday, Nov. 9, 2011, in the Eisenhower Executive Office Building on the White House campus in Washington. (AP Photo/Charles Dharapak)

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President Obama speaks in the Eisenhower Executive Office Building on the White House campus in Washington on Wednesday, Nov. 9, 2011, during an unscheduled visit to the African American Policy in Action Leadership Conference. (AP Photo/Charles Dharapak)

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An inadvertent "open mic" night caught French President Nicolas Sarkozy and President Obama disparaging their Israeli counterpart. (Associated Press)

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President Obama met with veterans Monday at the White House and spoke about how tax credits for businesses that hire veterans would encourage them to hire some of the 850,000 out of work. "If you can oversee a convoy or millions of dollars of assets in Iraq, you can help a business back home manage their supply chain or balance their books," he said. (Associated Press)

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President Obama greets veterans after talking about the American Jobs Act on Monday, Nov. 7, 2011, in the Rose Garden of the White House in Washington. (AP Photo/Carolyn Kaster)

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President Obama and French President Nicolas Sarkozy hug as they attend a French-U.S. alliance ceremony at the Cannes City Hall on Friday, Nov. 4, 2011, after the end of the second day of the G-20 summit. (AP Photo/Philippe Wojazer, Pool)

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Obama France G20 Summ_Live.jpg

President Obama speaks during a news conference at the G-20 Summit in Cannes, France, on Nov. 4, 2011. (Associated Press)