Tag: china

A trade war with China is a bad idea

The U.S. placed tariffs on Chinese tires, and China struck back with a probe of U.S. chickens. The tension needs to pass. Protectionism could hurt a recovery. NEW YORK (CNNMoney.com) — Great. The global economy finally starts to show signs... 
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Chinese Savings Helped Inflate American Bubble

“Usually it’s the rich country lending to the poor. This time, it’s the poor country lending to the rich.” — Niall Ferguson WASHINGTON — In March 2005, a low-key Princeton economist who had become a Federal Reserve governor coined... 
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Internet Portal in China Buys Share of Ad Firm

SHANGHAI — The Sina Corporation, one of China’s biggest Internet portals, said Monday that it would acquire a large piece of Focus Media, one of the leading advertising and digital media companies in China, for about $1 billion in stock. A... 
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After 30 Years, Economic Perils on China’s Path

Chinese soldiers listened to President Hu Jintao on Thursday in Beijing, on the 30th anniversary of the start of economic reforms. SHENZHEN, China — The ruling Communist Party threw itself a big party on Thursday. The country’s leadership... 
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