China says interests outweigh differences with Vietnam

Common interests between China and Vietnam far outweigh differences, Chinese President Xi Jinping told Vietnam's prime minister on Tuesday, calling for their dispute in the South China Sea to be resolved through talks. China claims almost all of the South China Sea, where about $5 trillion worth of seaborne trade passes every year. Brunei, Malaysia, the Philippines, Taiwan and Vietnam also have claims in the sea, believed to have rich deposits of oil and gas.