Government Report: Trade Deficit Worsened in January, Exports Declined, Trade Agreements Failed

  FOR IMMEDIATE RELEASE March 4, 2016Contact: Paola Masman, Media Director 202-688-5145 ext 2, [email protected] Washington ~ The Coalition for a Prosperous America (CPA) said today that a new government report shows that US trade policy and trade agreements continue to shrink America’s economy. The Bureau of Economic Analysis released its report on US International Trade…

China Begins to Tackle Its ‘Zombie’ Factory Problem

  Leaders will use National People’s Congress to push overhaul of state industries—but pace of reform is questioned. [Mark Magnier| March 3, 2016 | The Wall Street Journal] BEIJING—China’s leaders two decades ago decided that a combination of restructuring, privatization and massive job cuts was needed to revitalize the economy and shake up state industries…