US Hopes to Open Chinese Market
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The United States seeks to tip the scales in China. Plus: China curbs the spread of virtual money... the Turks turn off the 'Tube... and more.
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The Bush administration, facing huge and politically sensitive trade deficits, secured China's pledge Friday to work harder to move its currency toward a flexible exchange rate, which would make U.S goods more competitive abroad.
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Chinese President Hu Jintao says he plans to loosen the yuan&#39;s decade-old peg to the US dollar, but only under the right conditions.
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Every U.S. broker wants China Investment Company as partner.
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China is to face greater competition from foreign banks as a WTO deadline to open its markets looms.
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China pledged to move toward a flexible exchange rate, the US Treasury Department said, hours ahead of a key meeting of the world's top finance chiefs who are expected to press Beijing to ease its currency policies.
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BEIJING, Sept. 20 -- The United States and China on Wednesday announced plans for a string of high-level talks on tense economic issues -- among them, the value of China's currency, its enormous trade surplus and the routine theft of intellectual property.
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Beijing is making a big push to market itself, similar to the way the U.S. promoted its culture and values during the cold war.
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A new fund is the first exchange-traded fund listed in the United States to focus exclusively on mainland Chinese companies.
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China's booming market offers opportunities for US manufacturers but Beijing must crack down on copyright violations, US Undersecretary of Commerce for International Trade Grant Aldonas said.
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The United States will play an exhibition game against China on June 2 in San Jose, Calif.
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BEIJING, Sept.12 -- A senior United States trade official strongly suggested that the Bush administration will move in coming weeks to limit imports of Chinese clothing, opening a new front in a simmering trade conflict with the world's most populous country in the final weeks of the presidential campaign.
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US officials visiting Beijing this weekend will press China to limit textile exports and crack down harder on piracy, reflecting pressure for trade concessions ahead of US elections in November, economists and trade lawyers said.
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Beijing is pushing Chinese firms to establish a global presenceÂdespite the may risks that involves
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The Chinese government asked the nation&#39;s biggest carmaker and largest coal miner to add domestic share sales to overseas initial public offerings to help boost a stock market that lost
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VIENTIANE, Laos -- China moved Monday to expand its influence in a region long dominated by the United States, signing an accord with Southeast Asian nations aimed at creating the world's largest free trade area by 2010 -- a sprawling market of nearly 2 billion people.
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China vowed to move &quot;firmly and steadily&quot; toward a flexible exchange rate during a meeting of Chinese and US officials in Washington Thursday, the US Treasury Department said in a statement.