Remember, China ALWAYS acts out of self-interest. They were NOT going to agree to anything that hampered their economy. On top of that, they wanted to block anything that would kill OUR economy because a broke America cant make good on its massive debt.The Beijing delagation was there representing what Niall Ferguson refers to as Chimerica. Obama was there represeting Soros, Strong, Gore, Sec. Gen. Moon, Ed Begley, Jr. etc.