Wu Yi news stories on Newser

China OKs US Health Inspections

Kevin Spak — Tue, 11 Dec 2007 10:08:05 CST

China will allow US health inspectors to monitor the country’s food and drug exports, the Washington Post reports, a big concession in heated high-level trade talks. China accuses the US media of tarnishing its reputation by overblowing safety concerns, and has in turn questioned US exports. China is the first...

China to Bar Foreigners From Owning Brokerages

Jason Farago — Wed, 03 Oct 2007 10:59:10 CDT

China's stock markets are booming, with 47 million new trading accounts opening this year, but foreign banks eager to cash in on the expansion will be frustrated: Beijing is about to introduce new rules prohibiting foreign investors from acquiring more than 20% of any Chinese brokerage, Bloomberg writes.

A Woman's Place Is in ... Charge

Jonas Oransky — Fri, 31 Aug 2007 14:21:44 CDT

Forbes names the 100 most powerful women in the world, putting Oprah one spot south of Ruth Bader Ginsburg—and placing Meredith Vieira ahead of Katie Couric and Diane Sawyer. The top 10: German chancellor Angela Merkel Chinese vice premier Wu Yi Temasek Holdings chief executive Ho Ching Condoleezza Rice...

China Declares War on Tainted Exports

Sam Gale Rosen — Fri, 24 Aug 2007 09:43:20 CDT

In an effort to counteract the flood of bad publicity about its product-safety system, China will mount a 4-month "war" on tainted exports that focuses on whipping government officials into shape, Reuters reports. The short-term campaign is "a special battle to protect the health and personal interests of the public,...

Bush Cozies Up to China

Peter Fearon — Fri, 25 May 2007 05:38:32 CDT

President Bush struck a conciliatory tone in yesterday's congress with Chinese Vice Premier Wu Yi, despite thickening indignation over Chinese policies. The Journal reports that the White House meeting tiptoed around China's tolerance of copyright piracy, the export of tainted food products, and Beijing's increasingly worrisome nuclear program.

China Deals on Finance, Skips Currency

J. Kelman — Wed, 23 May 2007 16:59:23 CDT

Talks between American and Chinese economic officials thudded to a close today, offering mild changes to the financial sector in lieu of major currency reform. The deal hammered out by Treasury Secretary Hank Paulson and China's vice-premier Wu Yi promise foreign financial companies more access to Chinese markets and allows...