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The two countries share a growing trading relationship and are often aligned on global issues like trade and climate change.
Since JPMorgan Chase announced its surprise $2 billion, and growing, trading loss there have been renewed calls from economists, pundits and politicians to reinstate the Glass-Steagall Act, a Depression-era law that prevented commercial banks from participating in investment banking activities.
Reinstating an Old Rule Is Not a Cure for Crisis | Since JPMorgan Chase announced its surprise $2 billion, and growing, trading loss there have been renewed calls from economists, pundits and politicians to reinstate the Glass-Steagall Act, a Depression-era law that prevented commercial banks from participating in investment banking activities, Andrew Ross Sorkin writes in the DealBook column.
Federal regulators' interest in Goldman's Facebook deal adds a new twist to an inquiry that the agency began last month into the rapidly growing trading market for private shares of Facebook, Twitter, LinkedIn and Zynga, companies that are leading the social networking phenomenon.
There has been strong and sustained economic growth - with growing trading partners such as China.
Processing of securities transactions was little noticed until 1968, when, amid growing trading, stock exchanges began closing down on Wednesdays so clerks could sort out the mountains of tickets representing customer orders.
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But taming a fast-growing auction market, and a growing trade in counterfeits, has so far been ineffective.
Rapidly growing trade and even faster-growing flows of capital across national borders are hallmarks of globalization.
"There is growing trade for symbolic cargos," he said.
Albania had a growing trade deficit in the early years of the 21st century.
It was established at a time of growing trade between China, India, and Europe.
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