China’s plans to cut its exports of rare earth minerals by 35% in 2011 sent commodities stocks soaring, with Hong Kong’s Hang Seng Index closing up 1.5%, China’s Shanghai Composite Index adding 0.7%, and Japan’s Nikkei 225 Inde…
While the U.S. struggled with near-10% unemployment, China grew at that same pace over the past year. But the country faces massive internal problems that leave it in a far more difficult situation than the praise constantly he…
The Chinese auto market, already the largest in the world, is set for strong growth in 2011.
General Motors (GM), the largest foreign automaker in China, expects sales to climb by as much as 15% in line with the wider market, Bloomberg News reported….
McDonald’s (MCD) is planning a massive expansion in China as it seeks to take advantage of rapid economic growth and burgeoning consumer demand.
The restaurant giant will boost investment in China by 40% in 2011,The Wall Street Journal said. The comp…
The World Trade Organization has supported the Obama administration’s decision in September 2009 to enact tariffs on Chinese tires imported to the U.S. The WTO said the president’s claim that such imports disrupted the domestic…