China

Budget Battles

  • China Boosts Defense Budget by 11 Percent

    By CHRIS BUCKLEY, Reuters

    China will boost military spending by 11.2 percent this year, the government said on Sunday, unveiling Beijing's first defense budget since President Obama launched a policy "pivot" to reinforce U.S...

  • IMF: US Recovery Faces Housing, Policy Risk

    By HILARY BURKE and MALENA CASTALDI, Reuters

    A renewed drop in housing prices could thwart the U.S. economic recovery in the short term while Washington's lack of a "credible, comprehensive" fiscal plan poses a major medium-term risk, a top IMF...

  • The Best Way to Get Big Returns from Emerging Markets

    By Suzanne McGee, The Fiscal Times

    Lots of investors got the emerging markets call wrong in 2011. At this point a year ago, pundits were urging them to buy both stocks and bonds in countries like Brazil or Indonesia (not to mention...

  • Report: Time to Confront China over Tech Thievery

    By Merrill Goozner, The Fiscal Times

    China is moving quickly to become a high-technology goods export power by adopting many of the same mercantilist policies used by Japan in the second half of the 20th century, a new study says.

  • The High Price of Losing Manufacturing Jobs

    By PETER DIZIKES

    A new study from MIT shows how overseas manufacturing competition hits U.S. regions hard, leaving workers unemployed for years and local economies struggling.