Cheap labor may become a rarer commodity in China, thanks to a new law requiring workers to have written contracts. Scott Tong looks at the new job security for laborers and what it will cost employers.
The Japanese prime minister's visit to China will focus on improving the countries' relations, but the issue of the water boundary between the two countries might make things hairy. Scott Tong reports.
In talks between China and the two Koreas, North Korea is being offered economic aid if it discloses information on its nuclear program. Scott Tong reports the deal could fall apart if North Korea reneges.
From tainted toys to cheap currency to enormous investment power, China had a wealth of economic stories this year. Shanghai correspondent Scott Tong puts things into perspective with host Renita Jablonski.
The cost of food is rising in China and that's got everyone a little nervous. Host Kai Ryssdal talks to our Shanghai Bureau Chief Scott Tong about the country's inflation and how the government is trying to control the runaway economy.
While U.S. Treasury Secretary Henry Paulson is in Beijing for economic talks, China reported an inflation rate of 6.9% -- its highest in 11 years. Analysts say the country has too much cash on hand. Scott Tong reports.
Chinese manufacturers are struggling with the rising value of the Chinese yuan, which is making their low-end products more expensive for buyers around the world. And that could mean more iffy Chinese products for Americans. Scott Tong reports.
Many Chinese have a soft spot for Jews and their perceived success in business. That may be a horrible stereotype, but perceptions Americans find completely unacceptable exist and even thrive in China. Scott Tong and Bill Marcus report.