Topic: Chinese Renminbi
Commerce Secretary John Bryson said the officials told him Monday the country will invest $1.7 trillion over the next five years inclean energy and other emerging technologies. He said they pledged a 'level playing field for US and other foreign suppliers.
11/22/2011 10:36 am
China's economy is growing faster than the numbers suggest. It could overtake the United States as the world's biggest economy even more quickly than previously thought.
10/20/2011 11:00 am
Chinese yuan, pegged to the dollar until not long ago, is turning into a global reserve currency.
10/18/2011 12:47 pm
Unemployment benefits claims dipped by 1,000, just below expectations for unemployment benefits claims. Trade balance report confirms US avoided third-quarter recession.
10/13/2011 03:37 pm
The US Senate passed a currency bill that would punish countries that subsidize their exports by maintaining an artificially low exchange rate. China called such a law a 'lose-lose' for both sides.
10/12/2011 09:46 am
With jobs at a premium in the US, senators from states hard-hit by job losses to Chinese manufacturing passed a bill to sanction China for manipulating its currency.
10/12/2011 08:56 am
China loses as much as $240 billion per year by investing in loss creating assets like U.S. Treasuries, in effect making it the world's biggest foreign aid donor
10/11/2011 05:00 pm
The Fed chief gives a strong statement in support of activist policy firing on all fronts to address the economic crisis
10/05/2011 09:00 pm
China has the strongest currency in the world. So why is Congress targeting China for having currency that is too weak?
10/04/2011 09:00 pm
The Senate voted Monday to advance a bill that would punish China for manipulating its currency to drive exports. If it became law, the bill would risk a trade war over US jobs.
10/04/2011 12:54 am