Thursday 31 July 2014

Weak China factory activity deepens growth worries

Growth in China's vast factory sector slowed to multi-month lows in June on faltering new orders, a pair of surveys showed on Monday, boding ill for the world's second-largest economy still smarting from fears of a credit crunch.


Democrats blocking Obama's trade push

President Barack Obama is aggressively pushing an ambitious agenda to liberalise global trading. But already political trade wars are forming, and they're with fellow Democrats rather than with Republicans, his usual antagonis


US to introduce new bill to punish cyber theft

A day before Chinese President Xi Jinping visits the United States, three US lawmakers plan to propose a new law that would punish hackers backed by China, Russia or other foreign governments for cyber spying and theft. The new bi


China has 'mountains of data' about US cyber attacks

China's top Internet security official says he has "mountains of data" pointing to extensive US hacking aimed at China, but it would be irresponsible to blame Washington for such attacks, and called for greater cooperation to fight


China, US focus on shared aims

  US Treasury Secretary Jack Lew met new Chinese President Xi Jinping on Tuesday at a critical time in relations between the world's two largest economies, with cyber hacking, market access and the Chinese currency high on th


China's Xi appointed president, completes rise to the top

  China's parliament formally elected heir-in-waiting Xi Jinping as the country's new president on Thursday, completing the country's second orderly political succession since the Communist Party took power in 1949.

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