Japanese exports are down about 49 percent year over year, leaving the country's economy worse off than the U.S. in many ways. Marketplace's Scott Tong tells Bob Moon what or who is at fault for the market's freefall.
While many banks worldwide are working with governments to improve lending, Bank of China and other countrywide banks are doing fine. Scott Tong explores the benefits of the "Great Financial Wall of China".
China's influential Southern Metropolitan Daily ran a strong editorial today criticizing the latest U.S. move to inject $1 trillion into its economy. Scott Tong explores why Beijing is now losing faith in the dollar long-term.
Regulators in China have denied Coca-Cola's plan to buy a Chinese drink company for a couple billion dollars, saying the deal would have hurt competition. Scott Tong reports the deal was unpopular in Chinese polls.
Chinese Prime Minister Wen Jiabao is worried about the safety of China's $700 billion in U.S. Treasury bonds. In a press conference, he asked the U.S. to "maintain its good credit." Scott Tong reports.
Consumer prices in China fell last month for the first time in more than six years. A drop in global raw material prices and lowered demand for Chinese exports are just a few reasons. Scott Tong reports what Chinese officials are saying.
Rumors are circulating of a few Chinese companies looking to make bids on brands owned by GM, Chrysler and Ford. The move would help China's automakers in their efforts to go global. Scott Tong reports.