The fiscal scorekeeper for Congress this week said a Senate-passed immigration overhaul would cut $135 billion from the US budget deficit over the next decade and potentially reduce illegal entries by half.
Mindray Medical International Ltd's acquisition of a US maker of high-end ultrasound machines gives China's largest medical equipment maker a strong sales force in North America and Europe.
Guido Barilla, chairman of Barilla Group, the world's largest pasta company, emphasizes the importance of "made for the people" when he talks about his company's global strategy.
Chinese investment in a potash project in the Canadian province of Saskatchewan bodes well for junior mining companies in search of international financing, analysts say.
As more and more mainlanders go online via smartphones, China's most popular mobile browser maker UCWeb is gearing up for a US expansion strategy in 2013.
For nearly four decades, furniture makers from China and other Asian countries have been grabbing market share from US producers. With their ability to dip into a huge pool of cheap labor, Asian producers have been able to undercut US rivals on price and become the industry's dominant group.
The Great War: Director's Cut had its world premiere this week at the Walter Reade Theatre at Lincoln Center, where it played on Tuesday and Wednesday as part of the New York Asian Film Festival.
NBA Superstar Dwyane Wade just kicked off a 10-day-long trip to China to promote the country's top sportswear outfitter, Li Ning Co.
US President Barack Obama wrapped up his one-week trip to Africa on Tuesday to find that his country has a lot of catching up to do on the increasingly dynamic continent, where emerging economies such as China, India, Brazil and Turkey have been rapidly expanding their footprint.
The global automobile industry's resurgence underscores the need for nations to act promptly to combat air pollution, even though electric vehicles have been slow to catch on with the general public.
A group of US public high school representatives is gearing up for a "brand promotion" trip to China this summer with the mission to change the minds of Chinese parents and potential students who think that enrolling in expensive private schools in the US is the only way to go.
Eastern Asia has seen noticeable progress towards reaching the Millennium Development Goals - a list of eight improvement targets agreed to in 2000 by the 189 members of the United Nations to be met by 2015 - thanks to China's advances in alleviating poverty and establishing universal primary education, according to a report issued on Monday by UN Secretary General Ban Ki-moon.
Shipping bankruptcy strands ships, roils maritime cargo industry
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