Wen Jiabao

JPMorgan Chase's China Syndrome: Nepotism

JPMorgan Chase can't seem to stay out of trouble hiring people associated with China's government, and it's coming under increasing scrutiny of Asian and American regulators.

World Stocks Surge; Dow Breaks All-Time High

World stock markets rose Tuesday as investors applauded China's pledge to stick to economic growth targets for its economy, the world's second largest. Outgoing Premier Wen Jiabao said the government would spend what it needs to meet the target of 7.5 percent enshrined in the latest five-year development plan.

Cautious Investors Stay Focused on Europe's Woes

Stock markets in Europe traded in fairly narrow ranges Monday as Germany's leader warned that Greece may not get its next batch of bailout cash. Chinese shares surged after authorities pledged to increase bank lending to entrepreneurs. Europe's stumbling efforts to get a handle on its debt crisis remains the focus of interest in the markets.

Political Gridlock in the U.S. vs. China's Political Savvy

While American pols deal in brinksmanship over taxes and the economy, China's leaders are smoothly gaining influence on the world stage. Witness the good will generated by Premier Wen Jiabao on his recent whirlwind tour of Europe.

Obama Gets Climate Deal but Emissions Cuts Not Binding

In a political victory for Barack Obama, the U.S. president emerged from the global climate summit in Copenhagen late Friday with a deal with China, India and other key countries to reduce earth-harming emissions. But environmentalists were disappointed the cuts were not binding while skeptics weren't disappointed there was a deal at all.