CHINA US Focus - Perspectives shaping the world's most important bilateral relationship

(Beijing) — China's workers are among the least likely in Asia to see their jobs as ideal, a survey by consultancy Gallup Inc. shows. The survey found that only 49 percent of Chinese employees were satisfied with their jobs. The percentage exceeded Vietnam's, but trailed that of 20 other places, including the Philippines, Afghanistan and [...]

CHINA'S trade surplus expanded sharply last month as exports outperformed imports – an indication of insufficient domestic demand. Exports in June increased 11.3 percent year on year to US$180.2 billion, the General Administration of Customs said yesterday, while imports rose 6.3 percent to US$148.5 billion. That left a trade surplus at US$31.7 billion last month, [...]

Premier Wen Jiabao, faced with challenging GDP figures, met with economists and business leaders on Monday and Tuesday to discuss ways to boost growth. Second-quarter GDP growth, expected to be released later this week, is predicted to be around 7.6 percent year-on-year. Maintaining growth will be the "top priority", the premier said. "A stable growth [...]

A Foreign Ministry spokesman said Tuesday that any private deals made between the United States and Japan after the World War II concerning the Diaoyu Islands are illegal and invalid. Spokesman Liu Weimin made the remark at a regular press briefing when asked to comment on a recent U.S. claim that the Diaoyu Islands and [...]

CHINA has cut fuel prices by nearly 5 percent in response to falling international crude rates – the third reduction since May, when prices reached their lowest level since December 2010. The price for gasoline was cut by 420 yuan (US$66) per ton and diesel by 400 yuan per ton, the National Development and Reform [...]