The Syrian crisis has pushed the Chinese to engage internationally significantly more than it has in the past. Some remain skeptical as to China's interest in Syria, but the recently released 6-point statement shows a China attempting to strike a middle-ground.
In a stunning move, China's trade balance fell to a deficit of $31.5 billion in February from a surplus of $6.5 billion in January, according to data in multiple media reports on Saturday -- and the country's trade deficit may be its largest in the 21st century.
China's trade balance plunged $31.5 billion into the red in February as imports swamped exports to leave the largest deficit in at least a decade and fuel doubts about the extent to which frail foreign demand or seasonal distortion drove the drop.
The copper price will fall to $5,000 per tonne over the next two years, well below current levels of around $8,400 and less than half the highs seen in early 2011 according to a report by Capital Economics.
China chalked up its largest trade deficit in at least a decade in February at $31.5 billion, as imports soared 39.6 percent on a year earlier at more than twice the pace of export growth, leaving analysts cautious about seasonal distortions to trade activity.
China chalked up a $31.5 billion trade deficit in February, its largest in at least a decade, as exports and imports rebounded from a seasonal slowdown caused by Lunar New Year holidays, customs data showed on Saturday.
The global markets tumbled this week, due in part to concerns about China's slowed economic growth. There are several reasons, however, why China's economic slowdown could actually benefit the U.S., despite the market's immediate reaction. One reason is the possible return of jobs to the United States' manufacturing sector.
GTA Motor returned triumphantly to the Geneva Motor Show 2012, where it launched what it’s calling the “definitive version” of its high performance GTA Spano supercar, which could be a significant competitor with established top-tier supercars.
Back in late 2010, billionaire hedge fund manager John Paulson told “a standing-room-only crowd at New York’s University Club” that US inflation could hit double-digits in 2012. His forecast on gold and inflation, however, haven’t panned out so far in 2012.
The Geneva-based trade body will uphold a ruling that Boeing got billions in dollars in unfair subsidies from the U.S. government, Reuters reported.
The World Trade Organization has broadly upheld a ruling that Boeing Co (BA.N) took billions of dollars of unfair subsidies, breathing new life into an epic trade spat that has already faulted European aid to Airbus, people familiar with the matter said.
Leaders of China and India, two of the world's biggest economies, are responding to a decline in their nation's blistering rates of growth by focusing on virtually identical ways to stimulate bank lending and regain financial momentum.
War's shadow looms over the Strait of Hormuz, and for one company in Qatar, the disruption of shipping traffic of the Strait could very well mean the end of its business.
Stocks advanced on Friday after another strong monthly jobs report showed the economic recovery was expanding.
Stocks rose on Friday after another strong monthly jobs report showed the economic recovery was broadening.
Employment grew solidly for a third straight month in February, a sign the economic recovery was strengthening and in less need of further monetary stimulus from the Federal Reserve.
Employment grew solidly for a third straight month in February, a sign the economic recovery was broadening and in less need of further monetary stimulus from the Federal Reserve.
The U.S. trade deficit widened more than expected in January as high oil prices and resurgent demand helped pushed imports to a record high, a Commerce Department report showed on Friday.
Stocks rose on Friday, adding to their best two-day run in nearly three months, after a report showed the economy added more jobs than expected in February.
In turning one of its best-known hackers into an informant and breaking open the highest profile elements of the "Anonymous" movement, authorities have dealt a serious blow to a group they found a growing irritant.
The U.S. experienced a trade deficit of $52.6 billion in January, an increase of $2.2 billion from December, according to a report by the U.S. Department of Commerce.
Stocks were set for a higher open on Friday after a report showed the economy added more jobs than expected in February, which could push indexes into a higher trading range in the weeks ahead.
