President Obama and his new Chinese counterpart, Xi Jinping, will retreat to the California desert this weekend for an unusual series of meetings that could help define one of the world’s most important relationships for years to come. Read more...
More than 40 years ago, the United States and China signed the Shanghai Communique that started a journey to normalize political economic relations. Today, the U.S. remains the world’s largest economy, with China the second largest and expanding every year. Many believe that each country will be the other’s largest trading partner within a decade. No other bilateral economic partnership is as important to growth and prosperity worldwide. Read more...
The California summit this week between presidents Barack Obama and Xi Jinping reflects the surprising speed with which China's new leader has asserted his authority at home and laid out his vision to establish his country as a "great power" on a par with the U.S. Read more...
Chinese President Xi Jinping has taken charge of drawing up ambitious reform plans to revitalize the economy, sources close to the government said, shunning policy stimulus for fear it could worsen local government debt and inflate property prices. Read more...
China surpassed the U.S. to become the world’s biggest trading nation last year as measured by the sum of exports and imports of goods, official figures from both countries show. Read more...
Developing countries, led by China and Brazil, will see greater progress in their economic recoveries, as high-income countries continue to struggle in the wake of the global financial crisis of several years ago, according to a World Bank report. Read more...
When U.S. officials hold the latest round of trade talks with China this week, they will make the usual case for better market access and protection for American firms, and expect the usual tempered Chinese concessions. Read more...
Gary F. Locke, the United States ambassador to China for the past 16 months and the first American of Chinese descent to hold that post, spoke optimistically on Monday about the deepening relationship between the United States and China despite differences over issues including North Korea, human rights abuses and China’s growing military assertiveness in Asia. Read more...
BEIJING — China's new leaders, set to be unveiled next week at a once-a-decade transition, will soon be handed the keys to the world's second-largest economy. Read more...
The value of China’s currency closed Friday near a record high against the dollar, approaching what some analysts consider a fair market price and potentially easing concerns that the country’s currency policy is damaging the U.S. economy. Read more...
