02/20/2012 03:10 pm ET Updated Apr 21, 2012

How Joe Biden And Hollywood Wooed China

A deal to change China's 20-year-old quota on U.S. films and low distribution fees came at the last moments of a visit by Chinese Vice President Xi Jinping and U.S. Vice President Joe Biden on Friday.

Spending the day with the Chinese leader in Los Angeles, Biden pressed for an end to a trade dispute that had remained unresolved for a year and had Hollywood deeply frustrated.