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What happened while Obama was in Asia? (+video)

President Obama's whirlwind Asia trip saw some surface compromise on disputed territorial issues, and the set up of a new Asian trade bloc.

President Obama sat down with Chinese Premier Wen Jiaboao and Japanese Prime Minister Yoshihiko Noda at the Asian summit in Cambodia. Disputed Asian waters and islands are a big topic at the summit.
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US President Obama heads back to Washington from Cambodia, after meeting leaders from southeast Asia, Australia, China, India, Japan, New Zealand, and South Korea, to discuss political and economic issues in a region now seen as the fulcrum of global economic growth.

Territorial wrangles over the South China Sea, much of which is claimed by China as well as a number of other smaller countries, dominated the summit of Asian leaders. Territorial tensions between China and Japan were also closely watched at the summit. Obama's first foreign trip after his reelection saw some surface compromise on the issues, while a new trade bloc looks set to form without the participation of the US.

With China's Wen Jiabao soon to step down as prime minister, the summit likely marked the last official meeting between Wen and Obama. And both world leaders sought to avoid a direct confrontation.

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