January 5, 2011 Headlines

Posted by jeckert on 01/05/2011

Welcome, new Congress.  House Republicans to focus on "undoing Obama's agenda."  Let's hope they shift to job creation ASAP.

As President Obama's National Security Advisor presses China on its currency manipulation, China's official newspaper reports that the Yuan may rise by only 5 percent this year. (It is 40% undervalued, so this won't be of much help.)

What's China doing with its trade surplus? Apparently, building a new stealth fighter.

The Commerce Department affirms penalties on Chinese steel pipe.

The Big Three had a better 2010, and auto sales are estimated to grow again in 2011.

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