Jan. 30 (Bloomberg) -- China should seek a stronger yuan to encourage spending on imports by its companies and consumers as exports slump, said Aberdeen Asset Management Plc.

By Michele Geraci BEIJING, Jan 30 — While the western world is questioning the long-term viability of a totally free market economy and nationalising its banks, the current global financial crisis offers China a unique opportunity to accelerate its evolution towards a more "harmonious society" — that is, a society where wealth is more evenly distributed across its population. There may be no ...

Jan. 30 (Bloomberg) -- China should seek a stronger yuan to boost spending by its consumers as exports slump, said Aberdeen Asset Management Plc. The Chinese currency is at least 30 percent undervalued by some measures, said Peter Elston , a Singapore-based strategist at Aberdeen Asset, which manages the equivalent of $27 billion in Asia. A stronger yuan will benefit the economy as China will ...

China and Germany have vowed to make joint efforts to stabilize the global economy amid the ongoing financial and economic crisis, said a joint statement issued Thursday. The cooperation between China and Germany, the world's two major export-driven economies, is of special significance for the world's efforts to tackle the financial downturn, said the statement released after visiting Chinese ...

China has set a frugal tone for its once-for-a-decade dress parade on Oct. 1 amid an economic downturn, promising that the military could strike a balance between morale-boosting spectacle and financial prudence. Colonel Cai Huailie with the headquarters of the general staff of the People's Liberation Army (PLA) confirmed a rumor that the parade showcasing China's latest military achievement ...

Oshkosh Truck F1Q09 (Qtr End 12/31/08) Earnings Call Transcript Seeking Alpha, NY - 2 hours ago Now, we were not selected to be a large volume MRAP supplier and some have discounted our opportunity in this competition. However, this program has truly ...

Trade Minister Simon Crean has sharply criticised the European Union for its plans to introduce export subsidies on dairy products.

The United States will insist China play by international trade rules, but will not move unilaterally to keep out China's exports, Vice President Joe Biden said on Thursday.

Consumer spending in the United States, the world's largest economy, will fall by a tenth in coming years as a result of the global slump, Bank of China vice president Zhu Min said Thursday.

Firan Technology Group (FTG) Announces Record Sales for Fourth ... MSNBC - 5 hours ago FTG is an aerospace and defense electronics product and subsystem supplier to the North American marketplace. FTG has two operating units: FTG Circuits is a ...