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.
Outgoing Chinese leader admits failings of his term, encourages new leaders
The World’s China correspondent Mary-Kay Magistad talks about Premier’s Wen Jiabao’s speech, as well as China’s position on disputed islands in the East China Sea.
Chinese Premier Wen Jiabao says China urgently needs to press on with political and economic reforms. Wen made the comments in his final press conference before he steps down next year.
A Chinese envoy heads to Syria Tuesday to encourage a ceasefire there. The World’s Mary Kay Magistad takes a look at far China is willing to go when it comes to intervening in the unrest there.
China Premier Wen Jiabao Vows to Help on Eurozone Debt
European officials are in Beijing to meet with Chinese Premier Wen Jiabao. The big question on many European minds: will China make any firm commitments to help mitigate the eurozone financial crisis.
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.
