Barbie's turning 50. But she has bigger problems than just getting older. Sales of the iconic doll are down 21%. So parent company Mattel is hoping for a sales boost as it opens its first-ever Barbie megastore in China. Scott Tong reports.
There seem to be signs this morning that Chinese manufacturing is coming back to life. Bill Radke talks to Marketplace's Scott Tong in Shanghai about why things might be picking up and more about the China's stimulus plan.
The Japanese economy is struggling in no small part due to the poor health of exports. Products like cars and flat-screen TVs are usually bought on credit, which these days is hard to come by. Scott Tong reports.
President Obama's third choice for Commerce Secretary Gary Locke has a lot on his side for the job, including his Chinese ethnicity, which could help promote business ties in China. Scott Tong reports.
Japanese Prime Minister Taro Aso is visiting the White House today, and Washington is hoping the country of good savers will turn around and start spending some of its rainy day fund. Scott Tong reports.
Secretary of State Hillary Clinton heads to Beijing, where Chinese leaders are concerned about the "Buy American" clause in the stimulus package. Steve Chiotakis talks to Marketplace's Scott Tong about why China and the U.S. are both worried.