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Which would you rather have: More jobs or lower interest rates?

Jul 8, 2013
The yield on the 10-year Treasury note -- the benchmark for U.S. interest rates -- was up this morning following Friday's somewhat positive jobs report.
Posted In: interest rates, China, jobs numbers

In China, a replica of Manhattan loses its luster

Jul 3, 2013
The port city of Tianjin has taken on billions of dollars of debt building a city that looks exactly like Manhattan. It hopes to become one of the financial centers of the world. But China's economy is slowing down, and developers and investors are pulling out of the project.
Posted In: China, Yujiapu

Chinese law requires adults to visit their aging parents

Jul 3, 2013
Critics say the new law is unnecessary. They suspect China's state pension fund is running low on money and the government is passing the buck.
Posted In: China, pension funds, Social Security, family

Will China bring its 'shadow banks' out of the shadows?

Jun 26, 2013
Chinese markets have been on a roller coaster ride ever since the government froze lending between banks last week to combat so-called 'shadow banking'. Where does the world's second biggest economy go from here?
Posted In: China, Xi Jinping, credit crunch

U.S. business gets a ticket to Obama's Africa trip

Jun 26, 2013
President Obama's week-long trip to Africa will take him to Senegal, South Africa and Tanzania. Obama's visit is aimed, in part, at increasing U.S. trade and investment in Africa.
Posted In: Africa, South Africa, Tanzania, GM, China, Obama

You need to care about China's credit crunch: Here's why

Jun 24, 2013
China's tightening up on its lenders, and that might slow the country down a big. That shouldn't be too much a problem for the rest of us, right?
Posted In: China, Banks, credit crunch, whiteboard

Wall Street's gut punch comes from the East

Jun 24, 2013
Will China’s efforts to curtail lending become a problem for the U.S. economy?
Posted In: China, interest rates, bond, Fed

Markets continue to fall in China after lending freeze

Jun 24, 2013
The key stock index in Shanghai fell 5.3 percent today. The loss, the worst in 4 years, comes after China’s central bank froze lending between the country's financial institutions last week.
Posted In: China, stock market, banking

Why China's credit crunch is our problem

Jun 21, 2013
China is feeling a credit crunch, after China’s central bank froze lending between China's financial institutions this week.
Posted In: China, credit

Chinese carbon pollution: Buy or sell?

Jun 18, 2013
China launches a new pilot carbon market in the southern city of Shenzhen. Carbon cap and trade schemes have had a hard time getting off the ground in other countries. Can China make it succeed?
Posted In: China, carbon credits, carbon market

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