China is making a progress in balancing its trade position as companies target domestic consumers, and its trade surplus will fall to $150 billion this year, China's central bank adviser said.
Among the millions crowding China's railways stations and airports in the annual Lunar New Year trek home are many workers who won't be coming back to their jobs in the workshop of the world.
A Mauri, Hawaii-based man has been sentenced to 32 years in prison for passing on classified national defense information to China, besides committing other offenses such as money laundering and filing false tax returns.
U.S. grain prices should stay unrelentingly high this year, according to a Reuters poll, the latest sign that the era of cheap food has come to an end.
Gold Bullion prices failed to rally from last night's tumble in Asian and London trade on Friday, extending the month's sharp losses and hitting to four-month lows in the US Dollar and six-month lows against the Swiss Franc and commodity currency Aussie and Canadian Dollars.
The China Gold Association estimates... that the demand for gold in the first half of the year will rise by 15 percent year on year, citing growing demand for alternative investments and protection against inflation, said Commerzbank in a note.
Eric Schmidt, Goggle’s outgoing Chief Executive has expressed his intention to expand the firm’s business in china, said a report by BBC
Poverty and unemployment reared their heads at the World Economic Forum on Thursday, with speakers urging the elite audience to bridge a growing gap between booming multinationals and the jobless poor.
Fretful central bankers and hard-pressed consumers hoping companies will swallow rising input costs look set to be disappointed as evidence grows that prices will increase in coming months.
CEO Bill Watkins wants to build a $100 million next-generation LED light factory near his Silicon Valley-area headquarters, but China wants the 2,000 jobs he hopes to create.
Global cellphone sales surged 18 percent from a year ago in October-December, boosted by strong growth of North American smartphone vendors Apple and RIM.
LeBron James and his Miami Heat team mate Dwyane Wade were both picked for the NBA All-Stars Thursday, joining Dwight Howard, Derrick Rose and Amar'e Stoudemire in an Eastern Conference starting team overflowing with talent.
China will carefully open up its yuan to more trading based on market needs and plans to double its level of imports in five years, its commerce minister said on Thursday, as the country liberalizes its economy, now the world's second largest.
China aims to double its level of imports in five years, its commerce minister said on Thursday, forecasting that U.S. exports to China would double
to $200 billion over the same period.
Milestones in the progress of Chinese women's tennis after Li Na reached the final of the Australian Open on Thursday:
Susilo Bambang Yudhoyono, President of Indonesia, set out his vision for “sustainable and balanced” growth in the 21st Century, at Davos world economic forum.
China's annual inflation will probably top 6 percent around the middle of 2011 before losing steam in the second half of the year, the Bank of Communications said on Thursday.
For a virtually unknown 16-year-old British ukulele player and singer, Misty Miller already boasts an impressive international following.
China wants to import more to solve its trade imbalances instead of parking windfall revenues in U.S. and euro zone government bonds, the chairman of China's largest lender said on Thursday.
Global powers seeking to ensure Iran does not develop nuclear weapons are still hoping for a response from Tehran to a fuel swap proposal seen as a step towards ending the persistent standoff, Russia said on Thursday.
African economic growth is heading back to pre-crisis growth levels, propelled by strong demand for its resources and increased South-South investment, notably from China.
Africa should have a greater presence in the Group of 20 nations rather than be largely excluded and simply told how to run their economies, Botswana's central bank governor said on Thursday.
