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Chinese President Hu Jintao warned that China has started to lose its competitive edge in trade amid the global financial crisis, as he told Communist Party leaders the challenge posed a test to the government's ability to rule, state media reported. China's...

Chinese President Hu Jintao warned that China has started to lose its competitive edge in trade amid the global financial crisis, as he told Communist Party leaders the challenge posed a test to the government's ability to rule, state media reported.

President Hu Jintao has warned China's economy is losing its competitive edge amid the ongoing global financial crisis, state media reported Sunday.

BEIJING, Nov 30 (Reuters) - Chinese President Hu Jintao has warned that his country's competitiveness and trade strength are being threatened by a sustained global economic downturn, testing the grip of the ruling Communist Party. Hu made the warning at a Saturday meeting of the Politburo, the Party's 25-member inner-council, which dwelt on the challenges China faces as export demand drops, ...

BEIJING, Nov 30 (Reuters) - Chinese President Hu Jintao has warned that his country's competitiveness and trade strength are being threatened by a sustained global economic downturn, testing the grip of the ruling Communist Party. Hu made the warning at a Saturday meeting of the Politburo, the Party's 25-member inner-council, which dwelt on the challenges China faces as export demand drops, ...

BEIJING, Nov 30 (Reuters) - Chinese President Hu Jintao has warned that his country's competitiveness and trade strength are being threatened by a sustained global economic downturn, testing the grip of the ruling Communist Party. Hu made the warning at a Saturday meeting of the Politburo, the Party's 25-member inner-council, which dwelt on the challenges China faces as export demand drops, ...

Nov. 30 (Bloomberg) -- China’s President Hu Jintao reiterated the priority to maintain “stable and relatively fast” economic growth amid “increasingly complicated outside environment,” Xinhua News Agency said.

Low taxes, skilled work force help make Eastern European nation a key hub

ZILINA, SLOVAKIA — Every 60 seconds, to a robotic burst of Mozart's Symphony No. 40, a new Kia sedan or SUV emerges from beneath a cascade of sparks at the South Korean carmaker's gleaming assembly plant in this northwestern Slovakia town.