Sources tell Foreign Policy that former Sen. Chuck Hagel (R-NE) and former Clinton chief of staff John Podesta, have turned down offers to be Ambassador to China.
"One recently discussed candidate is Bill Owens, a retired admiral. Owens, who was appointed as vice chairman of the Joint Chiefs of Staff by former President Bill Clinton... Another name to watch is former Rep. Jim Leach, the Iowa Republican who broke party ranks early on to endorse Obama's presidential candidacy."