Seems like progress, if sanctions on Iran are your thing:
President Obama secured a promise from President Hu Jintao of China on Monday to join negotiations on a new package of sanctions against Iran, administration officials said, but Mr. Hu made no specific commitment to backing measures that the United States considers severe enough to force a change in direction in Iran’s nuclear program.
In a 90-minute conversation here before the opening of a summit meeting on nuclear security, Mr. Obama sought to win more cooperation from China by directly addressing one of the main issues behind Beijing’s reluctance to confront Iran: its concern that Iran could retaliate by cutting off oil shipments to China. The Chinese import nearly 12 percent of their oil from Iran.
Mr. Obama assured Mr. Hu that he was “sensitive to China’s energy needs” and would work to make sure that Beijing had a steady supply of oil if Iran cut China off in retaliation for joining in severe sanctions.
I’m skeptical of sanctions working, if by “working” you mean to effect a direct change in Iranian behavior. However, I do think that sanctions can have a substantial atmospheric effect, to the extent that they convey the disapproval of international society, and consequently help to build international norms. In that context, getting Russia and China on board is a meaningful achievement for the liberal internationalist project.