The recently held U.S.-China strategic dialogue is now triggering fierce debate in both the countries. The U.S. Treasury Secretary Henry Paulson now seems to be heading towards a clash with the new Democratic-controlled Congress on China issue following his softened criticism of China’s curren[...]
Posts Tagged ‘China’
July 9th, 2012 - 11:21 am § in News Of Economy
U.S.-China Economic Dialogue: Skepticism prevails on both sides
June 23rd, 2012 - 10:54 am § in News Of Economy
US plans strategic economic restrictions on China, a balancing act for military concern
China’s successful anti-satellite missile test has triggered an economic and political firestorm in the United States. China has recently conducted a missile test that shot down one of its own satellites and this has made explicit that why Washington is increasing uncomfortable with Beijing[...]
June 23rd, 2012 - 10:53 am § in News Of Economy
US exports rushes forward, still incapable of closing trade deficit
U.S. exporters are quite upbeat over their booming business despite growing concern over huge trade deficit with China. As a matter of fact, the U.S. is in the middle of an export boom, partially offsetting the country’s enormous trade deficit and providing a modest cushion against sluggish ho[...]
June 23rd, 2012 - 10:53 am § in News Of Economy
China advises to respect yuan
At Davos, China suggests the rest of the world to respect its economic reform and advise them to clean their own houses first. US lawmakers claimed that the yuan, or renminbi, is unfairly undervalued, which undermining the competitiveness of American companies. Few weeks ago top US financial policy [...]
June 18th, 2012 - 10:46 am § in News Of Economy
US to drag China at WTO over subsidies
The United States has begun legal action at the World Trade Organization (WTO), accusing China of using subsidies and implementing tariff, to harm US firms after failing to resolve the dispute bilaterally. US lawmakers and manufacturers have urged the administration to do more to force China to its [...]
June 16th, 2012 - 10:42 am § in News Of Economy
Japan considering joining US against China at WTO
Japan is considering joining the U.S. to file a complaint with the World Trade Organization against China. Japan has alleged that China, its largest trading partner, provides Chinese companies preferential taxes in order to gain unfair advantage against foreign firms. The U.S., on the other hand, ha[...]
June 16th, 2012 - 10:42 am § in News Of Economy
Chinese government to impose restrictions on foreigners buying homes
Chinese government has decided to restrict foreigners to own just one house in Beijing that they cannot give on rent. According to a press report, now interested foreign homebuyers will now required to show proof that they have lived in China for a year. The Chinese government has taken this decisio[...]
June 10th, 2012 - 10:32 am § in News Of Economy
China in talks with Areva for multi-billion dollar nuclear energy deal
China, aiming to reduce pollution and reliance on oil set to talks with Areva, the French state- owned nuclear energy Company, over a contract to build two nuclear reactors that were originally awarded to the Toshiba unit Westinghouse Electric. Areva propose to build the reactors at Yangjiang, in Gu[...]
June 9th, 2012 - 10:30 am § in News Of Economy
Chinese economic growth rate may slide to single digit in 07: World Bank
The Chinese economic growth rate is expected to slow down slightly in 2007, revealed a report released by the World Bank. The report concluded that a slight fall in export growth of China will eventually resulted in a little sluggish economic growth rate. Focusing on quarterly update, the report out[...]