Features by Ruth Kirchner

China's secret defense budget

Beijing comes under new criticism today for its steadily-rising defense budget. And that's just on the surface. It's accused of an aggressive military build-up: unknown amounts of weapons purchases and research not included in the official budget.
Posted In: Canada, Washington

Coming back empty-handed

Treasury Secy. Henry Paulson and Fed Chairman Ben Bernanke went to China for what they called a strategic economic dialogue. But somebody apparently forgot to tell the Chinese.Ruth Kirchner reports.
Posted In: Canada, Washington

Translation: Let markets determine the yuan's value

Ben Bernanke got out his best Fed-Chairman-speak to call for what most U.S. officials want: a rise in the value of China's currency. Ruth Kirchner reports.
Posted In: Canada

China doesn't want a lecture

Washington accuses Beijing of keeping the value of its currency artificially low, making imports from China unfairly cheap. China says the U.S. fails to recognize the headway it's making. Ruth Kirchner reports.
Posted In: Canada, Washington

Making nice in China . . . for now

The U.S. trade delegation in China is off to an amicable start, but the mood may change tomorrow when the U.S. presents its list of complaints. Ruth Kirchner reports.
Posted In: Canada

China's banks are open

China's domestic banking market opened to full foreign competition today, so foreign banks will be able to offer their services in the local currency, the Yuan, for the first time. Ruth Kirchner reports.
Posted In: Canada

NYSE goes calling in Asia

NYSE chief John Thain is in China this week talking with firms that might be ready for overseas listings. But he has some hurdles to clear to convince them to list in New York. Ruth Kirchner reports.

New banking rules in China

China has announced long-awaited rules governing the entrance of foreign banks into its lucrative retail banking market. Ruth Kirchner reports.
Posted In: Canada

Gutierrez warns China of American backlash

U.S. Commerce Secretary Carlos Gutierrez this morning urged business leaders in Beijing to do more to crackdown on piracy and intellectual property theft. Ruth Kirchner reports.
Posted In: Canada

Skilled labor shortage in China

U.S. companies in China continue to make some nice profits, but they are increasingly finding that it's difficult to staff their operations there with qualified workers. Ruth Kirchner reports.
Posted In: Canada


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