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Senate takes aim at China's currency

CNN 10/3/2011 7:38:00 PM

The Senate is taking a swipe at China's undervalued currency -- long accused of hampering the U.S. economy by spurring global trade imbalances and economic hardship for U.S. manufacturers.

News in Pictures

[AP]Geithner in Beijing, faces uphill struggle on Iran

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Sunday, January 22, 2012»

AP Buffett sings in video for China's New Year gala

1/22/2012 5:50:04 AM GMT
A hugely popular Chinese Lunar New Year variety show has a special guest star playing the ukulele: American billionaire Warren Buffett.

Friday, January 20, 2012»

Reuters Analysis: Beijing targets trusts to stem shadow banking risks

1/20/2012 7:54:00 AM GMT
China is intensifying its cat-and-mouse pursuit of the 4 trillion yuan ($635 billion) investment trust industry, with credit risks on the rise as economic growth slows.

Reuters China factories see sluggish start in 2012: HSBC PMI

1/20/2012 3:31:02 AM GMT
China's factory activity likely fell for a third successive month in January, suggesting Beijing's pro-growth policies will remain in place despite early signs that the downward drift is slowing, a survey of purchasing managers showed on Friday.

Thursday, January 19, 2012»

Reuters Modest China slowdown as exports, housing drag: Reuters poll

1/19/2012 8:51:01 AM GMT
China's 2012 economic outlook has dimmed because of weakening export demand and a faltering housing market, and its central bank will probably try to spur more bank lending to prevent a steeper slump, a Reuters poll showed on Thursday.

Reuters Analysis: China as lender of last resort...more than just a loan

1/19/2012 6:55:02 AM GMT
China is filling a lending vacuum in Asia as European banks limp home to preserve capital, and is making sure loans have spin-off benefits for Chinese manufacturers and exporters, even at the expense of the rates they offer.

Reuters Analysis: China has multiple choices to avoid hard landing risk

1/19/2012 3:12:00 AM GMT
China faces what could be its worst year of growth in a decade with policy firepower that developed nations can only dream of.

Wednesday, January 18, 2012»

AP Chinese premier stresses need to keep Hormuz open

1/18/2012 8:41:03 PM GMT
China's premier, touring the oil-rich Gulf, on Wednesday stressed the importance of keeping the Strait of Hormuz open after threats by Iran to shut the strategic waterway.

Reuters Analysis: China's housing slowdown to cut a big hole in GDP

1/18/2012 8:04:04 AM GMT
China's cooling property market could shave more than 2 percentage points off 2012 growth, forcing Beijing to decide just how badly it wants to keep the economy expanding at more than 8 percent a year.

Reuters China home prices fall for 3rd straight month

1/18/2012 2:55:00 AM GMT
China's new home prices fell in December from November, a third straight month of declines, and analysts expect prices will fall further as Beijing sticks to its tightening campaign against the once-hot real estate market.

AP World Bank warns of global growth slowdown

1/18/2012 2:04:00 AM GMT
The World Bank has warned of an impending global economic slowdown, sharply cutting its growth forecast and cautioning developing countries to prepare for shocks.

Tuesday, January 17, 2012»

FT Bullish mood grips investors

1/17/2012 9:30:01 PM GMT
Contrarians watch sentiment closely as when everyone is positive, it is time to sell. We are not there yet, says James Mackintosh

CNN Europe and Asia stocks rally

1/17/2012 8:30:00 PM GMT
Stocks in Europe and Asia rallied Tuesday following a report showing China's economic growth slowed, but not as much as had been feared.

FT Sombre signs for China growth prospects

1/17/2012 8:14:02 PM GMT
Beijing seems to be rethinking the formula, if not the assumption, that 8 per cent growth is the minimum required to prevent instability

CNN Stocks get early boost from China report

1/17/2012 8:05:00 PM GMT
U.S. stocks started the week higher Tuesday, as global investors welcomed data that showed China's economic growth slowed, but not as much as feared.

AP Summary Box: China's economic growth ebbs in 4Q

1/17/2012 7:21:01 PM GMT
SOFT LANDING SEEN: China's economy expanded at the slowest pace in 2 1/2 years during the fourth quarter, showing evidence that the world's second-largest economy appears on track to avoid an abrupt economic slowdown.