Close Yes, Comfy No for Sino-U.S. Trade Ties
Globalization was a win-win for developed and developing countries for a long time. It doesn't feel that way anymore. Developed countries, after enjoying cheap goods and high incomes for years, are now suffering as jobs dry up. In their eyes, the future looks worse.
Against this backdrop, the United States is putting more pressure on China to appreciate its currency. Congress is holding hearings on China's exchange rate, and Treasury Secretary Timothy Geithner is complaining loudly, saying the yuan is moving too slowly. Even President Barack Obama recently had a few critical words about China's yuan policy.
- Caixin Suing Guo Wengui and Hong Kong Media
- The Euro Currency Pain Will Remain for Chinese Exporters
- Caixin Media Statement
- Making an Exit
- New Property Policies Give Boost to Main Stock Indexes
- Rhodes Scholar Program to Pick Chinese Recipients for First Time
- Caixin Pledges to Defend Hu Shuli's Reputation
- The Week in Photos: March 21-27
- Central Gov't Indicates Developers Can Build Bigger Homes
- Military-Linked Hospital Allows Fake Doctor to Practice
- Sign up to receive our free daily newsletter
- Kissinger: China, U.S. Must 'Lead in Cooperation'
- Yuan and Gold: Old Enemies Should Finally Become Friends
- Tycoon Said to Bring Down a Deputy Mayor, Control Key Beijing Land Deal
- Saudi Aramco's Supply to China Potentially Doubling
- Reinventing the Bicycle in Beijing
- Confucius and the World He Created
- Who Is Prince Qing?
- Sinophobia: Anxiety, Violence, and the Making of Mongolian Identity
- Ex-Police Chief Held for Murder Said to Be Linked to Graft Case
- Shrewd Smiles as Online Bankers Test New Tech