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The United States has chalked up a big win at the World Trade Organization against Chinese market barriers that encourage piracy of U.S. books, music and films, U.S. Trade Representative Ron Kirk said on Wednesday.
U.S. and Chinese officials began grappling on Monday with how and when to withdraw the huge economic stimulus spending each has applied and to put in place measures to promote steadier long-term growth.
China is bringing 150 senior officials, including nearly its whole Cabinet, to the United States this week for talks whose symbolic value is likely to trump concrete achievements.
WASHINGTON (Reuters) - A Chinese submarine accidentally collided with an underwater sonar array being towed by a U.S. military ship, CNN reported on Friday, quoting an unnamed military official.
U.S. Treasury Secretary Timothy Geithner on Monday reassured the Chinese government that its huge holdings of dollar assets are safe and reaffirmed his faith in a strong U.S. currency.
President Obama will announce the nomination of a leading Republican governor, Jon Huntsman of Utah, as the U.S. ambassador to China, an official confirmed.