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Budget Battles

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  • Trump Unloads: Grievances, Greenland and the Gulf of Mexico
  • Republicans Divided Over How to Pass Trump’s Agenda
  • Trump Pushes Johnson to Victory as Speaker

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  • A worker stands on the Hong Kong-Zhuhai-Macau bridge under construction in Zhuhai

    A Trillion Dollar Plan to Rebuild the World Makes China the New Global Leader

    By Patrick Smith

    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.

  • China Fires Up a Massive Floating Solar Farm

    By Irina Slav, Oilprice.com

    Images 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...

  • FILE PHOTO - A general view of a crude oil importing port in Qingdao, Shandong province, in this November 9, 2008 file photo.   REUTERS/Stringer/File Photo

    Why China, Not OPEC, Will Make or Break the Price of Oil This Year

    By Nick Cunningham, Oilprice.com

    The 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...

  • Are China’s Hidden Liabilities Behind Moody’s Ratings Downgrade?

    By Patrick Smith

    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...

  • People walk past a branch of Haitong Securities, in Shanghai

    Why China May Be Headed for a Massive Bank Bailout

    By John Ruwitch and Yawen Chen, Reuters

    Moody'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...

  • Chinese President Xi Jinping attends a news conference at the end of the Belt and Road Forum in Beijing, China May 15, 2017.  REUTERS/Jason Lee

    As the US Pulls Back, China Boosts Global Trade on a New Silk Road

    By Ben Blanchard and Sue-Lin Wong, Reuters

    Chinese 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...

  • A combination of file photos showing Chinese President Xi Jinping (L) at London's Heathrow Airport, October 19, 2015 and U.S. President Donald Trump posing for a photo in New York City, U.S., May 17, 2016. REUTERS/Toby Melville/Lucas Jackson/File Photos

    Trump Projects Confidence As China Meeting Looms

    By Rob Garver

    Less 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...

  • File photo of Tesla Chief Executive Elon Musk standing on the podium as he attends a forum on startups in Hong Kong

    Why China Is a Big Part of Tesla’s Future

    By Evelyn Cheng

    Elon 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...

  • Tillerson’s Asia Trip Could Signal the End US Soft Diplomacy

    By Patrick Smith

    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...

  • FILE PHOTO: Chinese President Xi Jinping shakes hands with U.S. President Donald Trump as he is accompanied by China's first lady Peng Liyuan during a dinner at the start of a summit between President Trump and President Xi at Trump's Mar-a-Lago estate i

    Trump to Finally Crack Down on China's Hacks, Theft and Lies at US Expense

    By Liz Peek

    Long 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...

  • An investor stands in front of an electronic board showing stock information at a brokerage house in Shanghai, China, September 2, 2015.  REUTERS/China Daily

    Why China’s Economy May Be In Better Shape Than We Think

    By Rob Garver

    On Monday morning, leading Republican presidential contender Donald Trump took to social media to predict that China could drive the U.S. into a depression. However, things might not actually be as...

  • Mark Cuban: The Lesson Investors Can Learn From China

    By Anita Balakrishnan, CNBC

    Veteran entrepreneur Mark Cuban has some advice for Monday's selloff: "If you don't know what you're doing, or you think you do but you can't afford to lose your stake holdings, do nothing ." Cuban,...

  • Investors look on in front of an electronic board showing stock information at a brokerage house in Shanghai March 17, 2015. REUTERS/Aly Song

    China Stock Collapse Spreads Panic Selling Worldwide

    By Marc Jones, Reuters

    The near 9 percent slump in Chinese stocks was their worst performance since the depths of the global financial crisis in 2007 and wiped out what was left of the 2015 gains, which in June has been...

  • Bank clerk counts Chinese yuan banknotes at a branch of Industrial and Commercial Bank of China in Huaibei

    Trump Is Right: Time to get Tough on China

    By Liz Peek

    First it was the Soviet Union. Then Japan. More recently, China would “inevitably” supplant the U.S. as the world’s number one superpower. Such has been the constant drumbeat from those who...

  • One-hundred Yuan notes are seen in this picture illustration in Beijing March 22, 2011. REUTERS/Jason Lee

    Why a Drop in the Overvalued Yuan Won’t Start a Currency War

    By Patrick Smith

    A week of mayhem in the financial markets, grandstanding lawmakers on Capitol Hill accusing China of “rigging the rules again”—all because the overvalued yuan depreciated toward a market rate in...

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