Source: The Lake Oswego Review BEIJING (Reuters) – China rejected claims it has manipulated yuan exchange rate policies to tilt trade flows against the United States, saying on Thursday that proposed legislation before the U.S. Congress could stoke protectionism. Chinese Foreign Ministry spokesman Ma Zhaoxu made the statement in response to Congressional moves to curb [...]
Source: Yahoo News By Matt Spetalnick and Emily Kaiser WASHINGTON (Reuters) – U.S. President Barack Obama on Saturday named the Republican governor of Utah to be the next U.S. ambassador to China, a pivotal post in relations between the United States and a major emerging economic power. Jon Huntsman Jr., 49, a Mandarin-speaking former U.S. [...]
Source: Washington Post By Susan Cornwell Reuters WASHINGTON (Reuters) – The Obama administration wants to explore new trade vistas in the Asia-Pacific region once it has dealt with challenges it inherited, including a deal with Panama and a global trade pact, U.S. Trade Representative Ron Kirk said on Monday. Kirk said President Barack Obama’s administration [...]
Fiercer competition among developing countries for foreign capital is part of reason By Agence France-Presse Foreign direct investment in China fell 9.5% in March, for the sixth straight monthly fall, but there were some signs the worst could be over, the government said on April 15. Foreign firms invested $8.4 billion in the country last month, [...]
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