LA Times: Reporting from Washington and Beijing — The United States and China today kick off talks in Washington that are expected to highlight Beijing’s unease about its massive holdings in federal bonds, Washington’s desire to reduce China’s reliance on exports and the need for both sides to reach consensus on tackling climate change. Secretary of State Hillary Rodham Clinton and Treasury Secretary Timothy F. Geithner will lead the American side in the two-day U.S.-China Strategic and …