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The Chinese leader skipped Obama’s session with selected world leaders.

Well, why not? Wen Jiabao is not a schoolboy. He probably had better things to do. Polishing his shoes, for example.

French president Nicholas Sarkozy wasn’t happy. According to Mr Sarkozy, it is all China’s fault there is not going to be a binding agreement that will make world leaders all popular and smiley again.

The Chinese will not agree to any external body policing their emission levels. Good for them.

China and the G77 (the scared weird little guys) won’t discuss the PLAN /DEAL thing dreamed up by the developed nations. The little guys feel like they are being bullied.

Negotiators have described the G77 group as dysfunctional.

Mr Rudd says comments from the Chinese are ‘disturbing.’

African negotiators are reportedly furious at the suggestion by Prime Minister Meles of Ethiopia that developing nations should accept the offer of $100 billion a year. This, they say, is selling out the lives and hopes of Africans for a pittance.

Hilary Clinton says that a refusal by the Chinese to accept third party policing of emissions is a ‘deal-breaker.’

So all in all, the whole thing is going really well – much better than I expected.

The hoped for no result is looking like a real possibility.

I would have preferred if it had come about because world leaders finally came to their senses and recognised they were all being conned. But you can’t have everything.

There may still be a smiley photo-opportunity tomorrow.

But it will have about as much substance as Obama has business experience.

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