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Bank of China

Bank Of China Cuts Off Key NKorean Bank

AP | Posted 07.07.2013 | World

BEIJING — One of China's biggest banks said Tuesday it has halted business with a North Korean bank accused by the U.S. of financing Pyongyang's...

Who Is Going to Bail Out China?

Chriss Street | Posted 02.27.2012 | Business
Chriss Street

Given the state integration of banks and the economy, if Chinese local governments are unable to pay their debts, who will bail out China's economy?

China Says It Has 'Full Confidence' In U.S. Economic Recovery

AP | By JOE McDONALD | Posted 10.19.2011 | Business

BEIJING -- U.S. Vice President Joe Biden tried to reassure China's leaders Friday that its $1.2 trillion in Treasury debt is safe, while both sides st...

China To Biden: 'United States Has Entered A Long Period Of Decline'

AP | By JOE McDONALD | Posted 10.17.2011 | Business

BEIJING -- Chinese commentators are marking a visit by Vice President Joseph Biden by offering a struggling United States advice: Stop flooding your e...

Associated Press: America Is Dead -- Funeral Plans Under Debate

Mark Steinberg | Posted 10.08.2011 | Comedy
Mark Steinberg

It was announced today that the United States of America, also known as the U.S., U.S.A. and the U.S. of A., died during the last week of August 2011 ...

How Chinese Public Officals Fled With $120 Billion

Economic Observer/Worldcrunch | Xin Haiguang | Posted 08.24.2011 | World

BEIJING - Just how many corrupt Chinese government officials have fled overseas? How much money have they stashed away? And how did they manage to tra...

China: GOP Lawmakers Are 'Playing With Fire' By Contemplating Default

Posted 08.08.2011 | Business

Republican lawmakers are "playing with fire" by contemplating even a brief debt default as a means to force deeper government spending cuts, an ad...

Bank of China -- An Option to the Devaluing Dollar

Lorrie Febus | Posted 05.25.2011 | Business
Lorrie Febus

At a time when the U.S. economy is struggling to recover, and there is concern of dollar devaluation, could the Bank of China be offering a new option?

How to Load up on Chinese Money in New York

Robert Lenzner | Posted 05.25.2011 | Business
Robert Lenzner

The vast banking floor was empty when I arrived to open my bid to make a small fortune in the currency that is bound to appreciate against the American dollar over time.

Copper In New York Gains To Record As China Raises Rates To Ease Inflation

Bloomberg | Posted 05.25.2011 | Business

Copper in New York climbed to a record and Shanghai gained after China raised interest rates for the second time since mid-October, spurring expectati...