Written by China’s imports leapt in August, boding well for a strengthening of domestic demand in an economy that has become a major driver of global growth. READ MORE »
Posts tagged barack obama
Obama won’t fill Fed seats this week
President Barack Obama wants to move quickly to fill vacancies on the Federal Reserve Board, but has made no decision yet and will not be announcing appointments this week, White House officials said on Tuesday. READ MORE »
China’s yuan move to help ties-U.S. ambassador
* Yuan move removes “irritant” in U.S.-China relations
* Step a “genuine attempt” to provide yuan flexibility
* No real progress in military relationship (Adds details, quotes) READ MORE »
America in worse shape than Europe: China
Written by The U.S. dollar will be a safe investment for the next six to 12 months because global markets are focused on the eurozone’s troubles, but America’s fiscal health is worse than Europe’s, an advisor to the Chinese central bank said on Wednesday.” READ MORE »