Obama administration sources tell ABC News that President Obama later today announced an agreement between the U.S. and the People’s Republic of China to establish a “Center of Excellence” in China to promote effective nuclear security and safeguards.The Center of Excellence, to be jointly financed, will be a place where technical information can be shared, training courses can be offered, and collaborations can be promoted to “enhance nuclear security in China and throughout Asia,” the White House says. “It will also help meet the training needs for China’s expanding nuclear sector, and promote nuclear security best practices throughout the region.”