Sep 03 China to cut 300,000 troops for ‘slimmer, more capable’ armed forces By News Desk During a military parade marking 70 years since the end of World War II, Chinese President Xi Jinping said he would cut 300,000 soldiers from the country’s 2-million-strong armed forces. Continue reading
Aug 31 Watch 5:44 How China and Russia are mining major U.S. data hacks By PBS News Hour Intelligence services in Russia and China are cross-referencing hacked U.S. databases to reveal the identities of U.S. intelligence workers, according to a report in the Los Angeles Times. Jeffrey Brown learns more from reporter Brian Bennett. Continue watching
Aug 29 Experts say Republican candidates’ rhetoric on China overlooks reality By Bill Barrow, Associated Press Republican presidential candidates this week doled out tough talk on the U.S.'s economic relationship with China, but experts say the rhetoric doesn't align with the realities of ties with the country, even if it does make for nifty campaign soundbites. Continue reading
Aug 27 Watch 4:36 Is it still too early to raise interest rates? By PBS News Hour Will the Federal Reserve raise interest rates next month? It's a much debated question amid some good U.S. economic news, as well as the Chinese market turmoil. As the Fed meets for its annual retreat, Judy Woodruff takes a closer… Continue watching
Aug 27 Watch 3:49 News Wrap: Islamic State suicide bomb kills 2 Iraqi generals By PBS News Hour In our news wrap Thursday, an Islamic State militant killed two Iraqi generals and three soldiers in a suicide bombing. Also, stocks in China rebounded after a six-day slump triggered by concerns over the health of the Chinese economy. Continue watching
Aug 27 3 ways China’s economic slowdown will affect your finances By Vikram Mansharamani Global financial markets are bouncing around like a Mexican jumping bean, driven in large part by China’s popping stock market bubble. And while it’s fun to talk about China’s equity boom and bust, the real story to focus on has… Continue reading
Aug 26 Watch 7:39 Is China in the midst of major economic transformation? By PBS News Hour How should we interpret China’s market turmoil? Judy Woodruff talks to Nicholas Lardy of the Peterson Institute for International Economics and Evan Osnos of The New Yorker. Continue watching
Aug 26 Watch 1:46 China’s boom years lead to financial crisis By PBS News Hour The Shanghai stock market has lost a quarter of its value in five days and the Chinese government has tried throwing everything it can at the problem. Paul Mason of Independent Television News reports. Continue watching
Aug 25 Watch 5:40 What’s driving the global glut of oil By PBS News Hour A year ago, crude oil was trading at more than $100 a barrel. Now, the price of oil is down more than 60 percent from its peak. Gwen Ifill speaks to The Wall Street Journal’s Russell Gold to understand the… Continue watching
Aug 25 Watch 5:29 News Wrap: China’s great economic fall burns investors By PBS News Hour In our news wrap Tuesday, market panic continued for a third day in China, despite an effort by the Central Bank to boost the economy by cutting interest rates. Also, the head of the IAEA promised that its checks of… Continue watching