china

China is in the middle of a huge boom in consumer spending, which would seem to be good news for credit card companies.

But the Chinese haven't warmed to the idea of buying with plastic. Lisa Chow reports.

The switch, while inevitable, is happening sooner than anticipated because of the abrupt deterioration of the American economy.

With the world economy slowing and the Fed taking action, the US dollar should strengthen. I'm also buying ETFs to play biotech and midcap stocks, and to bet on a China decline.

We've all been there: visiting a new country we inadvertently do or say something deemed offensive to locals.

At best, we're embarrassed. At worst, we risk blowing a business deal or offending our hosts.

For months we've been hearing how gasoline subsidies or price controls in places like China and India are artificially fueling demand there.

Being that oil is a global market, rising demand overseas is one reason prices have risen here in the U.S.

The US is still home to the most millionaires, with three in every 10, but the ranks of the wealthy are growing fastest in Brazil, China and India. 

U.S. manufacturers may complain about China's weak currency, but a lot of Americans are finding job opportunities there that they can't find at home.

Bill Marcus reports.

The stage is set in China for the Olympic Games, but with so many companies looking for a slice of the world's attention, it's increasingly difficult to tell who's a sponsor and who's an impostor.

Scott Tong reports.

U.S. companies have pledged at least $54 million in cash, goods, and services to aid survivors of the earthquake that devastated China's Sichuan Province two weeks ago....

China has redirected its manufacturing power to aid those affected by this month's earthquake. Scott Tong takes us to a tent factory in Shanghai working overtime to shelter victims.