China's exports unexpectedly tumbled in February, falling 18.1 percent from a year earlier and swinging the trade balance into deficit. The data underscored recent concerns about the outlook for China's economy, even though the Lunar New Year holidays were blamed for the slide.» Read More
Turning the tables on the United States amid growing worries over dangerous Chinese products, Beijing said Friday some health supplements and raisins imported from the U.S. failed to meet China's safety standards and have been returned or destroyed.
G8 leaders called for a prompt conclusion to long-delayed global free trade talks on Friday and the head of the European Commission said they displayed more urgency than in a failed push a year ago.
German companies defied the euro's surge against the dollar to achieve strong export expansion in April, although signs are mounting that the pace of growth has eased, preliminary data showed on Friday.
This meeting of the world's richest nations may be the most challenging one for the U.S. in years, given the growing power of Russia and China.
U.S. Treasury Secretary Henry Paulson said that some agreements made in recent economic talks with China will help create the basis for moving towards a market-determined currency exchange rate, but stressed the effort was a long path of small steps.
To University of Maryland business economist Peter Morici, the disadvantages resulting from U.S. trade with China are clear enough: China's 24% tariff on imports for one, and the United States' $6 trillion external debt resulting from imports for another.
Euro zone quarterly economic growth slowed as expected at the start of the year as consumer demand contracted and export growth plunged, data from European Union statistics office Eurostat showed on Friday.
There are many ways to play the Chinese market -- both directly and indirectly -- but a lot depends on your risk tolerance.
As the U.S. faces higher prices and adjustable mortgage rates, expect consumer spending to slow, economist Nigel Gault told “Morning Call.” But he also predicted that the slowdown may furnish some surprising benefits to America's economy.
China's Vice Premier Wu Yi in a speech Thursday night rebuffed U.S. demands for trade and currency reforms. President Bush commented that he was "disappointed." What does this mean for trade relations between the two key economic powers? Morris Reid, former Commerce Department aide under President Bill Clinton, and Kellyanne Conway, president and CEO of The Polling Company, gave their opposing views on "Morning Call."
James Moore, former Assistant Secretary of Commerce, told CNBC’s “Squawk Box” that trade talks with China earlier this week have produced “modest” results.
China is willing to promote flexibility of its currency, but it will keep the yuan "basically stable at a reasonable, balanced level," Vice Premier Wu Yi said on Thursday.
U.S. lawmakers stepped up pressure on China over trade on Wednesday, giving mixed reviews to high-level economic talks and urging China's top economic envoy to address complaints about China's currency.
This week saw a historic round of U.S.-China trade talks. What was the result? Greater Chinese pride, according to Krishna Guha, the chief U.S. economics correspondent for the Financial Times. He joined CNBC's chief Washington correspondent, John Harwood, to tell "Power Lunch" viewers what the talks produced -- and what domestic and global ripples to expect.
The U.S. and China concluded two days of high-level talks in Washington D.C. without an agreement on trade, but that may mean different things for voters and investors
The United States and China struck civil aviation and financial sector access deals but they made no headway on the divisive issue of Chinese currency reform, stoking anger on Capitol Hill.
Japanese exports to the United States in April fell from a year earlier for the first time in 27 months, but strong shipments to Asia offset the drop, helping push Japan's trade surplus up more than 50%.
The United States and China concluded two days of high-level economic talks on Wednesday with a variety of minor agreements but failed to make progress in their dispute over China's undervalued currency.
China is committed to reforming its currency exchange rate system, although the level of the yuan is not responsible for its large trade surplus, a deputy governor of the central bank of China said on Wednesday.
Treasury Secretary Henry Paulson said on Tuesday the United States was impatient for forceful Chinese action to cut trade deficits but Chinese Vice Premier Wu Yi said Beijing would not yield to pressure.