Prime Minister David Cameron leads a heavyweight group of British politicians and business chiefs on a visit to China this week which will focus squarely on expanding trade ties with the world's second largest economy.
German Finance Minister Wolfgang Schaeuble lashed out Friday at the United States' move of printing huge money to stimulate its slow recovery, saying that these policies would not help but create more troubles.
Regulators shut down banks in Maryland and California on Friday bringing the 2010 total to 141, topping the 140 shuttered last year and the most in a year since the savings-and-loan crisis two decades ago.
When the world hit the lowest point of the financial crisis last year, former French prime minister Michel Rocard warned the West about the danger of ignoring China's role in bringing the global financial system to order.
In a historic decision, the International Monetary Fund board on Friday boosted voting power of big emerging economies and made China the third leading voice of the global lender.
A senior Chinese foreign affairs official said Friday that the United States should explain its latest round of quantitative easing, urging it to take a responsible attitude as a major reserve currency issuing country.
The US Federal Reserve's (Fed's) second round of quantitative easing, or QE2, was "not likely" to benefit the global economy, the Chinese central bank governor said Friday.
China and France Thursday signed deals worth 16 billion euro on uranium, technology and more than 100 Airbus planes purchases, and the two countries also agreed to a sweeping strategic partnership on nuclear power. 
Paris, Beijing move closer in private sector France opens its arms wide to Chinese visitorsFrance saves its highest honors for Hu
However, due to production limits, the luxury brand company only allows a passport holder to buy one item each day, and the maximum is two for one person every travel.
China and France on Thursday signed a dozen cooperation agreements on aircraft, nuclear power equipment and uranium purchases.
European aircraft giant Airbus expects to sign a major order from China following Chinese President Hu Jintao's visit to France, where the company is headquartered, local daily Les Echos reported Thursday.
General Motors on Wednesday finalized terms for a stock offering of about $13 billion to repay a controversial taxpayer-funded bailout and reduce the US Treasury to a minority shareholder.
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