Reuters reports that presidential candidate Barack Obama is saying China’s trillion dollar surplus is “directly related to its manipulation of its currency’s value” in a letter written to the U.S....
Read MoreIn an effort to help the slowing economy, China recently reduced taxes for new homeowners; however, academics speculate consumers will wait for the prices of homes to decrease even with the new measures in place before...
Read MoreWith George Bush calling a 20 country summit this November to discuss the current credit crisis, the rest of the world questions what role China will play. The Economic Times reports: China can’t save the world from a financial...
Read MoreThe Wall Street Journal is reporting on China’s ambitious program to give universal health care to all 1.3 billion Chinese citizens by 2020, covering 90 percent of the population within the next two years. Critics of the...
Read MoreAl Jazeera reports that Asif Ali Zardari, Pakistan’s president, is touring China for his first official visit to secure Chinese investments for his country and possibly discuss nuclear power. Zardari will meet with both Hu...
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