Budget Battles
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House Votes to Dodge Shutdown, Ditching Trump Demand
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Trump-Approved Spending Plan Goes Down in Flames
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Trump Blows Up Johnson’s Bipartisan Spending Deal
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Republicans Fume Over ‘Dumpster Fire’ Funding Bill
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Congress Struggles to Reach Deal to Avert Government Shutdown
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GOP Hardliners Say Border Bill Should Come Before Tax Cuts
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Senate Tees Up Vote on a Social Security Boost for Millions
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A Trillion Dollar Plan to Rebuild the World Makes China the New Global Leader
While most of the world wonders nervously what’s next from the Trump White House, the confident China President Xi Jinping is shifting his bid for global leadership into a full-court press.
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China Fires Up a Massive Floating Solar Farm
By Irina Slav, Oilprice.comImages of the Beijing smog and millions of people wearing masks to be able to breathe are among the more dramatic depictions of air pollution caused by excessive industrialization. Now that China is...
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Why China, Not OPEC, Will Make or Break the Price of Oil This Year
By Nick Cunningham, Oilprice.comThe OPEC deal will lead to an ongoing tightening of the crude oil market, putting a floor beneath crude prices in the $50s per barrel in the second half of 2017, according to Helima Croft of RBC...
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Are China’s Hidden Liabilities Behind Moody’s Ratings Downgrade?
Concerns about China’s “massive debt burden” and slowing economy are causing new concerns after Moody’s Investor Services sounded a full-blown alarm this week downgrading China’s credit rating on...
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Why China May Be Headed for a Massive Bank Bailout
By John Ruwitch and Yawen Chen, ReutersMoody's Investors Service downgraded China's credit ratings on Wednesday for the first time in nearly 30 years, saying it expects the financial strength of the economy will erode in coming years as...
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As the US Pulls Back, China Boosts Global Trade on a New Silk Road
By Ben Blanchard and Sue-Lin Wong, ReutersChinese President Xi Jinping and 29 other heads of state on Monday reaffirmed their commitment to build an open economy and ensure free and inclusive trade, under the ambitious Belt and Road...
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Trump Projects Confidence As China Meeting Looms
By Rob GarverLess than a week before he sits down with the president of China for what will be his most complex and challenging foreign negotiation since taking office, President Trump gave an interview to The...
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Why China Is a Big Part of Tesla’s Future
By Evelyn ChengElon Musk's Tesla is a growing player in China, where the global fight to develop electric, self-driving cars is raging hot. Hong-Kong traded Tencent, a company best known for its WeChat messaging...
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Tillerson’s Asia Trip Could Signal the End US Soft Diplomacy
Tillerson’s tour is an opening round in an extended process. But early signals indicate that Washington risks serious damage to important relationships across the Pacific—notably with China and South...
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Trump to Finally Crack Down on China's Hacks, Theft and Lies at US Expense
By Liz PeekLong coddled by establishment Foggy Bottom types and by U.S. corporations salivating over China’s burgeoning markets, Beijing has met little resistance as it has cyber attacked U.S. corporate and...
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Trump Has No South China Sea Strategy—and Needs One Fast
The South China Sea question is rolling toward the Trump White House like a long, low Pacific wave. Whenever it breaks, the president’s going to need a strategy he doesn’t seem to have yet.
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Treasury Secretary Lew Warns Trump Against Waging a Trade War
By Eric PianinOn his way out the door, Treasury Secretary Jack Lew on Tuesday warned the incoming Trump administration of the high global risks of launching a trade war against China, Mexico and other economic...
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As the US Turns Inward, China Picks Up the Mantle of Free Trade
By Noah Barkin and Elizabeth Piper, ReutersChinese President Xi Jinping offered a vigorous defense of free trade at the World Economic Forum in Davos on Tuesday in a speech that underscored Beijing's desire to play a greater global role as...
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On Day One, Trump Faces Two Huge Foreign Policy Challenges
Barack Obama isn’t handing Donald Trump any portfolio of foreign-policy successes as he passes the baton the next president. Trump is about to step into a world that his peace-prize-winning...
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Why Trump Needs to Hold Countries That Hack and Steal Accountable
Many assert that President-elect Donald Trump is against free trade. But standing against the theft of intellectual property and old-fashioned mercantilism, as Trump has promised to do, is an...