China believes that its economic strategy to reorientate its growth towards domestic consumption already meets US demands.

CNN: Leading economies promise to boost growth

He said the UK needed to "reorientate" itself, when it came to exports, towards expanding economies such as India, Thailand and Indonesia.

BBC: William Hague tells bosses to work harder

He wants to reorientate Europe on a path of growth and employment.

BBC: Europe: Things fall apart

Some analysts already wonder if the threat from global terrorism is sufficient to encourage countries to reorientate their spending and to give this restyled Nato renewed life, he says.

BBC: Nato creates rapid response force