Geithner phones China, G7 officials on economy
U.S. Treasury Secretary Timothy Geithner telephoned foreign finance officials to underscore the need for quick government action to restore economic health and reassure China that the United States wants to sustain a close dialogue, the Treasury said on Monday.
China Trade Collapse Weakens Taiwan Dollar, Ringgit
The Taiwan dollar is starting to feel the pain of China's economic slowdown as exports from the island to the mainland decline.
China Urges India to Show Restraint on Trade Remedies
China's Ministry of Commerce on Monday urged India to exercise restraint and care in applying trade remedies against Chinese products, saying a failure to do so would severely affect trade ties.
