China Gets Revenge On Obama With Tariff On U.S. Autos

President Barack Obama hit China automobile tire makers with a trade tariff in 2009 and now Beijing has struck back with a potentially more punitive tariff, as much as a 21% tax hike on U.S. car exports bound for China, the world’s largest auto...

China export and import growth slows, surplus narrows

Growth in Chinese exports and imports slowed in November, further evidence of the faltering demand abroad and at home that is pushing Beijing towards a more explicit pro-growth policy. Customs data on Saturday showed exports expanded 13.8 percent year...

Bill Gates developing nuclear reactor with China

Microsoft Corp. co-founder Bill Gates says he is in discussions with China to jointly develop a new kind of nuclear reactor. During a talk at China’s Ministry of Science & Technology Wednesday, the billionaire said: “The idea is to be...

Presiden Cina Minta Pasukannya Bersiap Perang

Presiden China, Hu Jintao, mengatakan Angkatan Laut Cina harus mempercepat pengembangannya dan mempersiapkan diri untuk berperang. Dia mengatakan kepada personil militer mereka harus “memperpanjang persiapan untuk berperang”. Hu membuat komentar...

China July exports hit record high

China’s exports hit a record high in July as shipments to Europe and the United States proved surprisingly buoyant, allaying concerns that debt problems abroad may hold back the world’s No. 2 economy. But analysts warned it was too soon to...

Oil falls on weak manufacturing reports

Oil fell Monday as early enthusiasm about a deal on the nation’s debt ceiling turned to concern about the global economy following weak readings on U.S. and Chinese manufacturing. Benchmark West Texas Intermediate crude for September delivery fell...