U.S. President Barack Obama said on Monday that Washington was not trying to contain China's rise but said trade between the two giants needed to be more balanced.
China and the U.S. are not pre-destined as adversaries, says U.S. President Obama at a town hall-style meeting in Shanghai on his first full day in China. He also touched on what he is likely to discuss at a summit with Chinese President, Hu Jintao.
U.S. Commerce Secretary, Gary Locke, is concerned about the impact of the weak dollar on U.S. industries. He tells CNBC's Saijal Patel what is being done to address this problem. Locke also discusses U.S.-Sino trade ties.
Patty, 63, lost more than half of her retirement last year. After spending all her savings, she was forced to go into 40,000 dollars in credit card debt. With interest rates rising, should she dip into her standard IRA in order to pay off her credit card debt?
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Current DateTime: 02:57:38 16 Nov 2009 LinksList Documentid: 23112458