Catherine Mellor, Director for Asia at U.S. Chamber of Commerce, explains the implications of the WTO's global trade facilitation pact and her outlook on the TPP negotiations.» Read More
U.S. President George W. Bush said on Wednesday it would help to balance trade if China floated its currency, which has been allowed to appreciate gradually in the past two years but remains tightly managed.
The European Union on Thursday relaxed a ban on exports of British livestock, meat and dairy products that was imposed after an outbreak of foot-and-mouth disease in southeastern England earlier this month.
French wine and spirit makers appear to be clawing their way back into the global market after years of watching foreign taste buds respond to innovative New World wines.
The People's Bank of China said on Tuesday it would raise its deposit rates by 27 basis points as of Wednesday "to stabilise inflation expectations."
The euro zone's foreign trade surplus soared more than expected in June from the previous month, data showed on Tuesday, as exports grew twice as fast as imports despite a strong euro.
St. Louis Federal Reserve Bank President William Poole said Friday that rising protectionism in the United States was a worry and the Doha round of world trade talks were on the verge of collapse.
China has sent the U.S. notices regarding pork shipments that may have contained ractopamine, a swine growth promoter used in the U.S. but banned in China, a U.S. Agriculture Department official said.
U.S. producer prices rose by a more-than-expected 0.6% in July, Labor Department data on Tuesday showed, but the gain was driven by energy costs and core inflation facing producers grew only slightly.
One year from Wednesday, Aug. 8, the 2008 Olympic Games will begin in Beijing -- focusing the world's attention on China like never before. As part of our one-year countdown to the games, CNBC sent Darren Rovell and Melissa Lee to China for a series of special reports.
U.S. Treasury Secretary Henry Paulson warned on Tuesday it was a mistake for U.S. lawmakers to blame American job losses on global competition and use it as an excuse for passing protectionist trade laws aimed at China.
Biosafety experts scoured a rural laboratory Sunday in a hunt for the possible source of an outbreak of foot-and-mouth disease on a southern English farm.
Britain raced to avert economic disaster Saturday by halting meat and dairy exports and the movement of livestock around the country after foot-and-mouth disease was found on a southern English farm.
China fears alarm over product safety could stoke trade protectionism, a senior official told visiting U.S. officials as a massive toy recall threatened to intensify consumer worry about the "made in China" brand.
China is looking to score big in hosting the Beijing 2008 Olympic Games next August, but the judging will be very tough.
U.S. Treasury Secretary Henry Paulson and other top Bush administration officials warned on Tuesday of risks to the U.S. and global economy if Congress passes legislation aimed at punishing China for its currency policy.
U.S. Treasury Secretary Henry Paulson is in China this week, seeking parity on a number of economic issues. With American concern over the yawning trade and currency gaps, Congress has pressured the secretary to get results. How far will Beijing go to accomodate its key trading partner? "My hypothesis is the Chinese will do something --but not a lot," said Peter Morici, former director of economics at the U.S. International Trade Commission.
U.S. Treasury Secretary Henry Paulson saw for himself on Monday efforts to reverse environmental degradation around China's largest inland lake, taking the spotlight off currency tensions for a day.
The Federal Reserve's latest projections for core inflation signal the U.S. central bank hasyet to be convinced inflation is easing, suggesting monetary policy will stay on hold until it sees more compelling data.
China's trade surplus hit a record $26.91 billion in June from $22.5 billion in May, an increase likely to intensify calls for Beijing to let the yuan climb more quickly.
A deal to free up world trade could be delayed several years if no progress is made by the end of 2007, the United States said on Thursday, as it stepped up criticism of India and Brazil over failed talks.