China Urged To Reform US Trade Deficit
Washington (UPI) Feb 01, 2006
With strong predictions of China's continued growth and currency exchange controls, U.S. Sen. Max Baucus warned Tuesday that Congress would pass legislation to punish Beijing unless it worked to end the trade imbalance and further revalue its currency.
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Shanghai Economy Soars In 2005
Shanghai (AFP) Jan 31, 2006
Shanghai, China's commercial hub and wealthiest city, recorded its 14th straight year of double-digit economic growth in 2005, state press reported Tuesday.
Lots On China, Few Star Names As Davos Forum Wraps Up
Davos, Switzerland, Jan 29 (AFP) Jan 29, 2006
The Davos forum of political and business leaders wrapped up Sunday after five days of high-profile networking dominated by China's growing clout, even if star names were in short supply.
Analysis: China's Once-Latent Economic Past
Washington (UPI) Jan 25, 2006
Nearly 25 years ago China was seen as less than an economic threat than can be conceived of today. With U.S. foreign policy interests keen on monitoring Beijing's strategic aims in the region and its status as a prospective ally against Soviet aggression, the U.S. trading relationship with China was far from a defining issue.
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US Presses China On Global Trade, Rights Obligations
Davos, Switzerland (AFP) Jan 26, 2006
US Secretary of State Condoleezza Rice called Thursday on China to fulfill its obligations as a global player by allowing people to think freely and protecting intellectual property rights.
Davos Forum Opens With China And Global Economy In Spotlight
Davos, Switzerland (AFP) Jan 25, 2006
Power brokers from the worlds of business and politics opened their annual Davos forum Wednesday, with a strong emphasis on Asia's emerging giants and concern over the health of the global economy.
India, EU Work To End Doha Stalemate
Washington (UPI) Jan 24, 2006
In a bid to avert stalemate in global trade talks, Indian Commerce and Trade Minister Kamal Nath announced plans Tuesday to work with European Union counterparts to break the impasse in Doha negotiations.
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EU Hints At Movement On Doha
Washington (UPI) Jan 23, 2006
Europe's top trade envoy hinted Monday that Brussels may be willing to break an impasse in global trade talks if other nations would step forward in making further offers to liberalize their industrial and services sector.
U.S. Hopeful Of Some Progress At Davos
Washington (UPI) Jan 20, 2006
As the world's top political and business leaders prepare to head to Davos for next week's economic summit in the Swiss Alps, negotiators are hoping to find the "right mix" to make progress on stalled global trade talks.
China And India To Be Major Trade Partners
New Delhi (UPI) Dec 15, 2005
China is poised to emerge as India's largest trading partner in the next two to three years if the present growth rate persists.
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Outside View: Deficits Hurt, Doha No Help
Washington (UPI) Dec 14, 2005
This week, the Commerce Department reported the October trade deficit was $68.9 billion, piercing the record set in September, $66 billion. A strong dollar and continued currency market intervention by China indicate the trade deficit will likely hit new records in the months ahead.
World Trade Is The Real Issue
Washington (UPI) Dec 13, 2005
The essential dispute at this week's world trade summit in Hong Kong has been portrayed as the rich Americans, Europeans and Japanese against the world's poor. And while there is a case for saying this ought to be true, it just isn't. The real battle is between the poor and the less poor, and the rich countries are astutely exploiting this division.
Dissenting Voices Threaten WTO
Hong Kong (UPI) Dec 13, 2005
The World Trade Organization's sixth ministerial meeting, which opened Tuesday in Hong Kong, has attracted 2,167 registered representatives of non-governmental organizations, and several thousand protesters eager to make their voices heard outside the main venue.
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