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President Hu Jintao Taunts Barack Obama For Owing China $800 Billion On 'SNL' (VIDEO)

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Last night's "Saturday Night Live" opened up with a sketch about President Obama's recent trip to Asia for the G-20 conference. During a routine press event, things get awkward when China's President Hu Jintao brings up an $800 billion debt owed to China by the United States.

President Obama, played by Fred Armisen, promises President Hu Jintao, played by Bill Hader and translated by Nasim Pedrad, that China will indeed get its money back, but the Chinese President keeps insisting that Obama is lying and "doing sex" to him instead. He even goes so far as to put on lipstick and bend over.

But one of the funniest parts of the sketch happens when President Hu Jintao asks why President Obama is spending $200 million a day on his trip to Asia while the country is in such economic turmoil. When Obama says this isn't true, China's President reveals that he heard Glenn Beck say it. Obama responds:

"Again, let me be clear. Glenn Beck has no idea what he's talking about."

WATCH:

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