A Financial Times report says the Chinese lend more to developing countries than the World Bank — an agency with a mission to lend to developing countries.
China's president Hu Jintao meets with President Obama in Washington this week. Steve Chiotakis speaks with Julia Coronado about what to expect from the meeting, and the President's remarks that the dollar-dominated reserve currency is "a thing of the past."
U.S. Treasury Secretary Timothy Geithner today mapped out what he called "the path ahead" for the U.S.-China relationship. He pointed out that China needs to stop undervaluing its currency and stealing intellectual property.
Tea has been an intrinsic part of Chinese culture for thousands of years, but with more urban Chinese demanding coffee, more tea farmers in China's tea-growing regions are also growing coffee.
China added more than 2 million cars last year, a 29 percent increase. So how does that affect the regular U.S. driver? It's all about the price of oil. Alisa Roth explains.
To China now, where the government raised interest rates again over the weekend. It's the second hike in just over two months as the Chinese government attempts to curb inflation there. So what does the move mean for us?
