U.S. China trade tensions simmer as Wen Jiabao visits
Chinese Premier Wen Jiabao visits the United States for three days with Bush seeking to reverse a growing trade deficit. Wen promotes mutual benefits and a win win approach while China aims to boost U.S. exports and imports. Analysts note broader deficits with the EU and warn policy gaps enable multinational firms to favor cheaper markets.
MENTIONED IN THIS ARTICLE
Hinese
Wen Jiabao
United States
Bush
Wen
White House
China
U.S
Taiwan
Boston
European Union
William Hawkins
U.S. Business and Industry Council Education Foundation
Dow tops 10000 as analysts downplay milestone
Market watchers doubt the 10000 level signals lasting gains as the Dow Jones index closes at 10008.16 up 0.9 percent. Traders cite nostalgia, while others focus on broader measures like the S P 500 and Russell 2000 for real health signals.
MENTIONED IN THIS ARTICLE
Meg
Flynn
Dow
Ernest Csak
New York Stock Exchange
Csak
Standard & Poor
U.S
Judi McDonald
Hanson
Mass
McDonald
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