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While the world debates whether China will be the world’s next super-power, Chinese sweatshops keep on churning out cheap goods for the world to consume. According to the International Herald Tribune, Wal Mart is one of the biggest offenders in...
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Yes, times are hard. We’ve bailed out AIG. Lehman went under. Banks have gone under. People are losing their homes faster than a wildfire spreads....
made popular Oct 11 2008
With the passage of the Bush administration’s requested $700 billion bailout of the financial sector, there seems to no longer be any opposition within government...
made popular Oct 4 2008
I am fuming with anger – boiling anger.
I have long suspected that I am stupid. I just did not know that it is a fact that is clear to everyone.
The government of...
made popular Sep 25 2008
The debate over whether Washington should enact an extraordinary bailout of the nation’s financial system reached a fever pitch at a Senate hearing on Tuesday.
made popular Sep 24 2008
‘The times are a changing’ – from being the torch bearers of Laissez-faire and free trade, US lawmakers are turning protectionists - something which the country...
made popular Sep 20 2008
The US economic growth is all set to slow down during the first half of 2008, as the possibility of a recession is increasingly becoming likely. This has been the...
made popular Sep 13 2008
The current economic situation of the world seems to be iterating the fact that the new world is now recognizing the capabilities and potentials of the third world...
made popular Sep 9 2008
Employers trimmed jobs from their payrolls in June for the sixth straight month, as the government’s closely watched report Thursday showed continued weakness in...
made popular Jul 4 2008
Asian markets plunged on Wednesday on speculation that the US economy is sliding into a recession that could lead to a global slowdown.
made popular Jan 17 2008
China reacting to the recent policy development in Washington advised the US Congress on Thursday to stay away from a planned bill that might lead to tariffs on its...
made popular Jun 15 2007
The Federal Reserve in its latest Beige Book report on the economy gave a more encouraging assessment of US regional economies, as manufacturing and job growth picked...
made popular Jun 14 2007
The US Congress last night increased pressure on the White House to enforce protectionist measures against Chinese imports after the Bush administration shown its...
made popular Jun 14 2007
The US government has reported a $67.70 billion budget deficit in May; marking a 58 percent increase from the deficit of $42.91 billion posted a year before in May...
made popular Jun 13 2007
The US trade deficit narrowed sharply as exports reached a record in April, according to the latest government figures that augured well for the American economy. The...
made popular Jun 9 2007
A lethargic first quarter economic growth compelled the Bush administration to lower its US economic growth estimate for 2007. The White House has announced that it...
made popular Jun 7 2007
The US worker productivity grew at a slower pace than the government initially estimated in the first quarter, driving up labor costs and strengthening concerns about...
made popular Jun 7 2007
The US businesses boosted their capital spending in April as new orders for manufactured durable goods to American factories increased by 0.3 percent in April, marking...
made popular Jun 5 2007
The US economy strengthened in May, as a robust job growth encouraged consumers to give a boost to their spending regardless of the housing slump and high energy...
made popular Jun 2 2007
The US Treasury Secretary Henry Paulson, concluding a meeting with China’s top level delegation, said the negotiations have produced ‘tangible...
made popular May 23 2007
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China reacting to the recent policy development in Washington advised the US Congress on Thursday to stay away from a planned bill that might lead to tariffs on its...
made popular Jun 15 2007
The US Congress last night increased pressure on the White House to enforce protectionist measures against Chinese imports after the Bush administration shown its...
made popular Jun 14 2007
Chinese stocks nose-dived as nervous investors dumped shares amid uncertainties about further possible governmental actions to dampen the market following a stamp tax...
made popular Jun 4 2007
The US Treasury Secretary Henry Paulson, concluding a meeting with China’s top level delegation, said the negotiations have produced ‘tangible...
made popular May 23 2007
In an unprecedented development that highlights Beijing’s yearning to strike into the private equity boom, the Chinese government has decided to invest $3 billion...
made popular May 21 2007
Amid intensifying economic dispute between China and the US, China’s central bank announced that it would begin allowing the country’s currency to fluctuate...
made popular May 19 2007
Shrugging off repeated warnings of the China Securities Regulatory Commission that it would crack down on insider trading and share manipulation, China’s main...
made popular May 15 2007
As Shanghai plays host this week to the African Development Bank’s annual board of governors meeting, African countries are expecting that China will employ the...
made popular May 14 2007
China’s money supply growth exceeded the government target for a third month and lending accelerated along with a drop in household deposits has consequently...
made popular May 14 2007
The US trade deficit surged unexpectedly to beat expectations in March to $63.9 billion, as higher oil prices helped drive total imports to the second highest on...
made popular May 11 2007
Ahead of the second round of China-US Strategic Economic Dialogue, US Treasury Secretary Henry Paulson has said it will take more than a stronger Chinese currency to...
made popular May 3 2007
US Treasury Secretary Henry Paulson has once again reiterated that China is not moving quickly enough on currency reform, and said he hoped high-level talks next month...
made popular Apr 21 2007
China’s economy in the first quarter grew 11.1 percent from the corresponding period last year, fuelled by rapid investment and booming exports. At the same time,...
made popular Apr 19 2007
The Chinese cabinet has recently cleared in principle a plan to manufacture the country’s own large passenger airplanes. The decision to manufacture large...
made popular Mar 19 2007
In February, China’s exports of goods surged 52 percent against last year to $82.10 billion, at the same time imports increased 13 percent to $58.34 billion,...
made popular Mar 13 2007
Chinese Commerce Minister Bo Xilai has recently said that China is in process to formulate a range of policies that are aimed at limiting its huge trade surplus....
made popular Mar 12 2007
The U.S. trade deficit narrowed by 3.8 percent in January to $59.1 billion as the country’s exports surged to an all-time high, the Commerce Department reported...
made popular Mar 10 2007
China has announced that it is setting up a new investment agency to gain higher returns on its foreign currency reserves of more than $1 trillion, the largest...
made popular Mar 9 2007
China’s national legislature initiated deliberations on a proposed corporate law that would progressively equalize corporate taxes on foreign and domestic...
made popular Mar 9 2007
Related Tags
Airbus A320 Airbus A350 Airbus Industrie Anti-Dumping Business China Chinese Stock Exchange Economic Growth Foreign Direct Investment Mainland Stock Exchange Reserve Ratio Shanghai Stock Exchange Steel Industry Stock market Strategic Economic Dialogue Trade Deficit Trade Dispute Trade Surplus U.S. Economy WTO