As we sit back and blithely watch Greece's death by debt, it's easy to assume it can never happen here. It can, and it will.
Reuters | Posted 04.04.2012
* Apple, Foxconn deal adds to view low cost era is over * Deal coincides with rising wages, tighter labour force * Worke...
Reuters | Posted 04.09.2012
BEIJING, Feb 8 (Reuters) - The annual average growth of China's minimum wages should be at least 13 percent in the five years to 2015, according to ...
AP | JOE McDONALD | Posted 03.12.2012
BEIJING — U.S. Treasury Secretary Timothy Geithner and Chinese leaders pledged Wednesday to build economic ties but Beijing gave no sign it woul...
Posted 12.26.2011
SHANGHAI (Reuters) - The yuan closed up against the dollar on Monday after hitting an all-time high in intraday trading, guided by a stronger mid-...
HuffingtonPost.com | Jon Ward | Posted 12.13.2011
WASHINGTON -- President Obama submitted three long-awaited free trade agreements to Congress this month, which were quickly ratified Wednesday, but Re...
Posted 12.05.2011
(Emily Kaiser) - A sharp rise in China's yuan currency might cut the U.S. trade deficit by as much as one third and create enough American jobs to...
Posted 11.23.2011
Treasury Secretary Timothy Geithner said on Thursday that China is holding to its decades-old strategy to steal American intellectual property, in...
Bloomberg | Alan Tonelson | Posted 11.19.2011
President Barack Obama’s new jobs plan, if passed by Congress, might spark some activity and even some employment in the moribund U.S. economy. But ...
Posted 09.20.2011
The International Monetary Fund said on Wednesday it remains concerned with the potential for a property price bubble in China even though the cou...
Posted 08.01.2011
NEW YORK (Nick Zieminski) - The "Made in the USA" label may be poised for a comeback, a new study argues. The next few years will bring a wave ...
Jeffrey Rubin | Posted 07.04.2011
China doesn't have to build a blue water navy or engage in an arms race to take a big slice of the U.S.'s energy pie. All it has to do is stop showing up at the U.S. Treasury auction.
Reuters | Posted 05.25.2011
BEIJING (Reuters) - China will not tolerate any sharp yuan rises to shield local exporters, limiting annual appreciation to 3 percent in the nex...
news.xinhuanet.com | Posted 05.25.2011
BEIJING, Feb. 18 (Xinhua) -- China's government has announced it will finance public libraries, art galleries and cultural centers to allow them to op...
Lorrie Febus | Posted 05.25.2011
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?
Feb. 10, 2011 | Ben Rooney, Staff Reporter | Posted 05.25.2011
NEW YORK (CNNMoney) -- The International Monetary Fund issued a report Thursday on a possible replacement for the dollar as the world's reserve curren...
Posted 05.25.2011
: China will likely raise interest rates again within the month, the New York Times reported on Wednesday, citing a forecast of economists and bankers...
The Huffington Post | William Alden | Posted 05.25.2011
As U.S. government officials continue to pressure China to allow the value of its currency to rise, the stakes of the debate may have become overblown...
Daniel Firger | Posted 05.25.2011
China's enormous domestic market provides the perfect laboratory for experiments in clean energy innovation, with winning ideas reproduced on a scale large enough to drive down costs worldwide.
Daniel Wagner | Posted 05.25.2011
In the absence of any realistic alternative to replace the supremacy of the dollar, it is likely to remain the dominant global currency for many years to come. No other currency is more widely accepted or used.
Robert Lenzner | Posted 05.25.2011
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.
Posted 05.25.2011
WASHINGTON, Jan 12 (By Emily Kaiser and Caren Bohan) - The United States wants a "real, demonstrative commitment" from China that it is serious about...
Robert Lenzner | Posted 05.25.2011
As the country becomes more reliant on growth from its own consumer sector, it will not be so dependent on a cheap currency to foster its exports, Chinese officials believe.
Donald Tang | Posted 05.25.2011
China has the largest concentration of foreign currency reserves in the world. But America can finesse the situation to its advantage -- so that China becomes an engine for American job creation.
Donald Tang | Posted 05.25.2011
Blaming China for America's unemployment and for the decline in U.S. manufacturing jobs has become politically convenient, but China is not that bogeyman for all that ails us.
Laurence J. Kotlikoff | Posted 05.25.2012