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China raises nonresidential electricity rates

SHANGHAI - China raised electricity rates for businesses and industries Friday, part of a long-term effort to adjust prices to reflect costs and promote energy saving as the country struggles to meet soaring demand. ...

From ELAINE KURTENBACH, Atlanta Journal Constitution Vendor,  20 Nov 2009

APEC urges new growth model, climate pact progress

SINGAPORE - Open trade and people-centered strategies are key for sustained, stable growth, President Barack Obama and Asia-Pacific leaders said Sunday, pledging to persist with stimulus spending until a global recovery is assured. ...

From ELAINE KURTENBACH, Atlanta Journal Constitution Vendor,  15 Nov 2009

Related Topics: Lee Hsien Loong,  Barack Obama,  Hu Jintao,  Stephen Harper,  Kevin Rudd

Obama says US will join Asian free-trade area

SINGAPORE—Washington signaled it will resist protectionism as it copes with the economic downturn, announcing Saturday that the U.S. will join a free-trade area with other Pacific Rim nations. Leaders attending the annual Asia-Pacific Economic ...

From ELAINE KURTENBACH, Boston Globe,  14 Nov 2009

Related Topics: Barack Obama,  Asia-Pacific Economic Cooperation,  Alan Garcia,  Kevin Rudd,  Hu Jintao

At Asian forum, China pledges domestic-led growth

China pledged Friday to wean itself away from export-driven growth as Asian-Pacific business and government leaders reaffirmed their commitment to the open trade and measured stimulus they say is necessary to assure a global economic recovery. ...

From ELAINE KURTENBACH, eTaiwan News,  13 Nov 2009

Related Topics: Asia-Pacific Economic Cooperation,  Barack Obama,  Hu Jintao,  International Monetary Fund,  Yukio Hatoyama (politician)

Chinese president pledges to boost domestic demand

SINGAPORE - China is doing what it can to expand domestic demand and rebalance its economy, President Hu Jintao said Friday, calling for renewed efforts to improve international financial oversight to prevent future crises. ...

From ELAINE KURTENBACH, Atlanta Journal Constitution Vendor,  13 Nov 2009

Related Topics: Hu Jintao,  Asia-Pacific Economic Cooperation,  International Monetary Fund,  World Bank,  World Trade Organization

World Bank president: inflation a risk to recovery

Asian economies must handle their monetary and currency policies carefully to avoid unleashing a wave of potentially destabilizing inflation, World Bank President Robert Zoellick said Friday. The U.S. and European economies, which are barely ...

From ELAINE KURTENBACH, Taiwan News,  13 Nov 2009

Related Topics: World Bank,  Asia-Pacific Economic Cooperation,  Federal Reserve,  Robert Zoellick

APEC ministers credit China with fueling recovery

China won credit Thursday for the mix of stimulus spending and stable finances that has helped rekindle a global recovery, with U.S. Treasury Secretary Timothy Geithner and other leaders downplaying the issue of the weak Chinese currency. ...

From ELAINE KURTENBACH, eTaiwan News,  12 Nov 2009

Related Topics: Asia-Pacific Economic Cooperation,  Barack Obama,  United States Department of the Treasury,  Timothy F. Geithner,  Mari Pangestu

APEC ministers agree economic crisis far from over

SINGAPORE (AP) -- Asia-Pacific ministers warned Wednesday that signs of recovery in the global economy are merely a respite, and future growth hinges on freer trade and improved social safety nets in Asia. Finance and foreign ministers meeting in ...

From ELAINE KURTENBACH, Buffalo News,  11 Nov 2009

Related Topics: Barack Obama,  George Yeo,  Hillary Rodham Clinton,  National Security Council

APEC task force says structural reforms urgent

Asia-Pacific ministers warned Wednesday that signs of recovery in the global economy are merely a respite, and future growth hinges on freer trade and improved social safety nets in Asia. Finance and foreign ministers meeting in Singapore for ...

From ELAINE KURTENBACH, Taiwan News,  11 Nov 2009

Related Topics: Barack Obama,  George Yeo,  National Security Council

APEC looking to Asia to help keep recovery going

The Great Recession has been painful but quick for most of Asia _ and leaders gathering for a regional summit here this week are seeking to ensure the recovery stays on track. Lavish stimulus spending _ bolstered by relatively healthy regional ...

From ELAINE KURTENBACH, eTaiwan News,  10 Nov 2009

Related Topics: Barack Obama,  Asia-Pacific Economic Cooperation,  George Yeo,  Hu Jintao,  Yukio Hatoyama (politician)

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