German chancellor Angela Merkel is in Beijing for a two-day visit expected to focus on the eurzone crisis, Iran and Syria. Accompanied by a 20 strong trade delegation, she is scheduled to meet President Hu Jintao and Premier Wen Jiabao.
China's about to complete its once-a-decade leadership transition, with Xi Jinping taking over for Wen Jiabao. As Wen prepares to leave office, he was surprisingly frank about his administration's failings -- and offered concrete advice to his successor.
JPMorgan Chase wanted a bigger piece of the Chinese financial market. Now, the US government is investigating what the bank was willing to do to get it. The latest revelation is that the bank hired the daughter of former Chinese leader Wen Jiabao as a consultant.
China is threatening to revoke visas for two dozen journalists from the New York Times and Bloomberg. Both news organizations have published reports about the personal wealth of those close to China's top leaders.