President Obama brought executives from 13 major U.S. firms to the White House Wednesday to meet with Chinese Premier Hu Jintao. The corporate leaders will surely be angling for better access to China’s markets, which could boo…
China’s economy is booming, and Western nations are increasing their demands that its currency be allowed to rise to its natural value. Who knows if that will happen, but if you want to bet that it will, the Bank of China just …
Asian markets took a tumble today with China’s Shanghai Composite Index plunging on rumors that another interest rate hike is imminent. Hong Kong’s Hang Seng Index dropped 1.9% and Japan’s Nikkei 225 Index was down 1.4%.
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