Asia, Trade | featured news

Indonesia may hold the key to a $1 trillion injection into the global economy. That's how much the World Trade Organization believes is riding on talks later this year in Bali, when trade ministers hope to cut through some of the red tape that slows global commerce.

Shin Cheol-soo no longer sees his future in the United States. The South Korean businessman supplied components to American automakers for a decade. But this year, he uprooted his family from Detroit and moved home to focus on selling to the new economic superpower: China.

China's trade surplus widened in October as export growth accelerated, the latest encouraging sign for the world's second-largest economy.

China will impose punitive duties of up to 22 percent on large cars and SUVs exported from the United States, China's Commerce Ministry said on Wednesday, the latest in a series of trade disputes between the world's two largest economies.

At an elaborate color-guard ceremony welcoming President Hu Jintao of China, President Obama on Wednesday spoke of “universal rights.”

China’s military expansion and assertive trade policies have set off jitters across Asia, prompting many of its neighbors to build alliances.

China lashed out at Japan and the US for their stance on territorial disputes in waters off its coast as Asian leaders gathered in Hanoi, hindering talks on currency and trade policies before a Group of 20 ...

U.S. industry and senior Democrats ratcheted up pressure on Congress on Wednesday for a tough new trade law to punish China for what they see as an undervalued currency that threatens American jobs and profits.

China and Russia signed contracts worth several billion dollars, but didn't reach a breakthrough in negotiations to supply Russian gas to China.

The Obama administration lodged a formal protest with the Chinese government over its plan to force all computers sold in China to come with software that blocks access to certain Web sites.