Not all the students China's prestigious Peking University are thrilled about the school's investment in a sport only the wealthy can afford. But some say it's an important business asset. Jocelyn Ford reports.
US Treasury Secretary Henry Paulson met with students at one of China's top universities. They asked him about serious stuff, like bilateral relations, but several also got personal, reports Jocelyn Ford.
Farmers in southwest China this year suffered the country's worst drought in 50 years. Two-thirds of the region's rivers dried up. Rains returned this month, but not in time to save the crops. Jocelyn Ford reports.
Japan's ruling party has elected Shinzo Abe as its leader and he's expected to win next week's parliamentary elections. Jocelyn Ford looks at what he'll face when he takes charge of the world's second-largest economy.
Hank Paulson has arrived in eastern China but he's warned against high expectations for his four-day visit. It's a tough time to try to even the huge trade imbalance between the U.S. and China, Jocelyn Ford reports.