Barack Obama actually said...

"It is a great honor to welcome you to the first meeting of the Strategic Economic Dialogue between the United States and China."

"I look forward to working together to advance the peace and prosperity of the people not only of the United States but also people all around the world."

"As we look to the future, we can learn from our past, for history shows us that both our nations benefit from engagement that is grounded in mutual interest and mutual respect."

"This dialogue will help determine the ultimate destination of that journey."