china

White House Wants Currency Enforcement Bill (Video)

The White House called Thursday for Congress to send President Barack Obama a currency enforcement bill — an issue that has added urgency given the roiling of financial markets after China devalued the yuan.  

Asked about China's recent devaluation, Press Secretary Josh Earnest called on Congress to reconcile differences between House- and Senate-passed currency bills. Those provisions could be used to counter currency manipulation from other countries, not just China, Earnest said.  

Inviting Fight With China, Rubio Says Disputed Islands Belong to Japan

Rubio has been outlining his policy views in early primary and caucus states. (Bill Clark/CQ Roll Call)

Sen. Marco Rubio said bluntly Friday the disputed Senkaku Islands in the East China Sea belong to Japan.  

The Chinese government "has unilaterally declared an 'air defense identification zone' over international waters and the Senkaku Islands, which are the territory of our ally Japan. In the South China Sea, Beijing has dispatched ships and planes, moved oil rigs and even constructed artificial islands in an attempt to strengthen its position militarily," the Republican presidential hopeful said during a broader speech in South Carolina about U.S.-China relations.  

Baucus Greeted Warmly at Nomination Hearing

Sen. Baucus walks with fellow Montana Democrat Sen. Jon Tester on day of his confirmation hearing. (Tom Williams/CQ Roll Call)

Updated 3:51 p.m. | Sen. Max Baucus may have provided an awkward sound bite during his confirmation hearing Tuesday morning, but there's no way it imperils the Montana Democrat's sure confirmation to serve as ambassador to China.  

At one point, Baucus said, "I'm no real expert on China," a non-serious statement that was quickly clipped on YouTube. Political operatives also were tweeting the quote.