Aug 31, 2016

U.S. woman held in China for over year now charged with spying

An American businesswoman held in China since March last year has been charged with spying, China’s Foreign Ministry said on Tuesday, the latest development in a case that has added to U.S.-China tensions. Sandy Phan-Gillis, from Houston, Texas, who is of Chinese ancestry and ...

World Bank head Kim sees disappointing growth after Brexit

Jul 25, 2016

World Bank head Kim sees disappointing growth after Brexit

World Bank President Jim Yong Kim said continued uncertainty following the U.K.’s vote to leave the European Union could hurt global growth. “We actually thought the U.S. was solid, the eurozone seemed to be getting better, even Japan seemed to be doing a little ...

Lew tells Aso currency devaluation war should be avoided

Jul 23, 2016

Lew tells Aso currency devaluation war should be avoided

U.S. Treasury Secretary Jack Lew stressed the importance of avoiding competitive currency devaluations in a meeting with Finance Minister Taro Aso in Chengdu, China, on Saturday, according to U.S. Treasury officials. Lew drove home the point by calling attention to the Group of 20 ...