European urges flexibility from China over exchange rates

The China Post - China came under European pressure on Tuesday to allow its currency to trade more freely on foreign exchange markets amid growing concerns that the Asian giant is destablizing the global economy. Full Story

China, United States launch first joint financial services firm

The China Post - The first U.S. financial services company to be co-owned by a Chinese firm was hailed Tuesday as an example of how the two nations can cooperate in a global economy. Full Story