U.S. economy

"Washingtonomics" and the Irrational American Buyer

In Forbes, Baizhu Chen of USC’s Marshall School of Business questions the logic of Americans insisting on paying higher prices for Chinese goods: The argument is that this is good for the U.S. economy because cheap Chinese...

Exclusive: China Launches Lobbying Push on Currency Bill

With the U.S. Congress debating a bill that would impose tariffs on China for undervaluing the yuan, the Chinese government has launched an unprecedented lobbying effort to influence U.S. policy, Reuters reports: A 12-member...

U.S. Senate’s Bill on Tariffs Angers China

The New York Times reports on a bill before the U.S. Senate that would impose some tariffs on China in response to their unwillingness to revalue their currency: The Chinese objections came as the Senate began debate on the...

Eight Questions: Living in China’s Shadow

The Wall Street Journal interviews Arvind Subramanian of the Peterson Institute for International Economics about his new book, “Eclipse: Living in the Shadow of China’s Economic Dominance.” The report says about the book:...

Biden Assures China on its U.S. Investments

Vice President Biden met with President Hu Jintao and Premier Wen Jiabao today in Beijing, and sought to reassure the Chinese government and people that their investment in the American economy was secure, the Washington Post...

Fareed Zakaria: China's Not Doing Us a Favor

For CNN, Fareed Zakaria writes that fears in the U.S. that China will stop lending to the U.S. following the debate over the debt ceiling are overblown: The economic situation between China and the U.S. is the financial version...

China Finds Vindication in U.S. Debt Crisis

The drama over raising the U.S. debt ceiling has been closely observed and also strongly criticized in China. From CBS News: Chinese websites have been flooded with comments criticizing Washington for seemingly ignoring the...

China Urges U.S. to Take Responsible Action on Debt

As the U.S. Congress and Obama Administration are engaged in a protracted and bitter battle over the federal budget and debt ceiling, China, the United States’ largest creditor, is also getting involved. From the New York...

Timothy Geithner and Wang Qishan on Charlie Rose

Following this week’s Strategic and Economic Dialogue meetings between Chinese and U.S. officials, U.S. Treasury Secretary Timothy Geithner and Chinese Vice-Premier Wang Qishan talked about the current state of U.S.-China...

As China Invests, U.S. Could Lose

The New York Times looks at a new report commissioned by Asia Society in New York and the Woodrow Wilson Center for International Scholars on China’s overseas investment and whether or not the U.S. will be a recipient:...

China’s Economy to Surpass that of US by 2016: IMF

The latest prediction by the International Monetary Fund is that China’s GDP is expected to surpass the GDP of America by the year 2016. From the Economic Times: The Chinese economy will surpass that of the US by 2016, the...

The Trouble With Asking China to Act Like the U.S.

The New York Times’ Week in Review looks at recent developments in U.S.-China relations and offers an opinion of what the U.S. might be doing wrong: A key part of America’s relationship with China now turns on a question...



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