China not seeking arms race or domination

"We do not engage in arms races or pose a military threat to any country," the Chinese leader said in a speech to US business leaders. Hu called for US co-operation on economic and security issues. On the third day of his US state visit Hu met leading US politicians and was quizzed on a number of issues.

"China will never seek hegemony or pursue an expansionist policy," Hu said during a speech at a lunch with senior US officials and business leaders. "We will remain committed to the path of peaceful development," he added.