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China Renminbi

Apply the Obama Doctrine to the Trade Problems With China

Gilbert B. Kaplan | Posted 05.29.2011 | Business
Gilbert B. Kaplan

We have one trade problem in this country that so far surpasses every other one that it is almost not worth talking about any of the others. The problem is Chinese subsidy practices.

China's Rich Hiding $1.4 Trillion In Wealth, Study Says | BLOOMBERG NEWS | Posted 05.25.2011 | Business

BEIJING -- China's households hide as much as 9.3 trillion renminbi of income that is not reported in official figures, with 80 percent accrued by the...

Roubini: China's Renminbi Will Likely Overtake US Dollar As World Currency

New York Times | NOURIEL ROUBINI | Posted 05.25.2011 | Business

THE 19th century was dominated by the British Empire, the 20th century by the United States. We may now be entering the Asian century, dominated by a ...

Five Chinese Cities Begin Trial Trading In Yuan, Replacing Dollars

Xinhua | Posted 05.25.2011 | World

China's State Council, or Cabinet, announced a pilot program to allow exporters and importers in five cities to settle cross-border trade deals in Ren...