protectionism

General Electric to Invest $2 Billion in China

General Electric, the global conglomerate whose businesses include consumer and business financing, power generation, household appliances, aircraft engines, medical imaging and media content, said it plans to invest more than $2 billion in China through 2012 in research and development, technology and financial services partnerships.

Why Easing the Threat of Currency War Is So Difficult

Investors take note: Despite the calls for order, national policymakers are dealing with an increasingly haphazard scenario loaded with counterproductive results and unintended consequences. The result could be a slide toward protectionism.

Why the Financial Crisis Spells the End of Western Power

In a new article, political scientist Ian Bremmer and respected economist Nouriel Roubini assert that the free-market system of capitalism has been so damaged by the recent financial crisis that the West's era of political and economic dominance may be gone for good.

As the Global Crisis Eases, Leaders Leave Unity Behind

As the panic sparked by the financial crisis subsides, the brief solidarity it brought about is quickly melting. Mutual accusations of protectionism, for example, are becoming the order of the day again. Chinese Premier Wen Jiabao, for one, is cranking up the rhetoric.