Most Chinese people believe the United States of America is still the strongest country in the world but because it is sliding from its peak they no longer envy

To China, the tire trade truncheon looks more threatening than ever this time. The World Trade Organization on September 5 rejected the Chinese appeal against p

Over the past few weeks, a troubling trend is reemerging in global credit markets: as the debt crisis across the Atlantic drags on, it is getting more difficult

Vice Minister Cui Tiankai talks about U.S. Vice President Joe Biden's visit and other China-U.S. Relations issues.

The recent down grading of U.S. sovereign debt has apparently upset financial markets worldwide.  But before we get carried away by a wave of “irrational pani

It has been widely argued that the Renminbi (Yuan) cannot become an international currency until it is fully and freely convertible. Thus, as long as China maintains capital controls of any kind, the Renminbi cannot be used as a medium of exchange for international transactions.

While western economies struggle from the ever-increasing burden of public deficits and debt, there are symptoms in China, too of emerging financial ailments. A

In the evening of August 5, 2011, the Standard & Poor’s downgraded the US credit rating from AAA to AA+, and set its outlook as negative. This seemed to be a b

Even though the United States came to an agreement on the debt ceiling negotiations recently, Standard and Poor’s still downgraded the nation’s longstanding s

Goods and services from China accounted for only 2.7% of U.S. personal consumption expenditures in 2010, of which less than half reflected the actual costs of C