Niu Yi writes that China’s economy in 2013 will be guided by the quality and efficiency of economic reform, and that a new model of urbanization will provide the largest potential for promoting domestic spending.

After a prolonged recession, some economists believe the United States could be headed towards recovery. What 5 economic indicators show signs of GDP growth? A rebounding housing market, profitable financial markets, increasing consumer confidence, manufacturing growth, and a unique energy sector could signal a turn around for the US economy.

While the Chinese refer to America’s fiscal cliff as caizheng xuanya, reactions in Chinese media to the United States Congress’ recent fiscal cliff compromise have varied from disappointment to downright harsh criticisms of the U.S. political system.

The just concluded 23rd China-US Joint Commission for Commerce and Trade (JCCT) harvested over 50 tangible results, with “meaningful progress” ( Ron Kirk). He

Reportedly, an internal EU analysis has led European officials to weigh steps over Chinese vendors Huawei and ZTE. An unmanaged friction has the potential to escalate into trade friction between the EU and China.

While avoiding the label of “currency manipulator,” China’s currency, the renminbi, continues to face criticism by the US Treasury Department for being “significantly undervalued.” Now, an analysis of global trade data seeks to end the correlation between trade surplus and currency exchange rates.

Former Secretary of the US Treasury Department, Henry M. Paulson Jr., examines how better urban policies can assist China’s ailing economy, even as investment and exports continue to decline.

In Washington, Obama’s second term begins with great uncertainty. In Beijing, it starts with some relief. With U.S.-Chinese relations, it translates to a shift.

With Obama’s victory in re-election, his vehement campaign is over. However, his harsh bashing of China during his campaign will remain in the hearts of the Chinese people, leading to concerns about the future of China-US trade relations during his second term.