WASHINGTON, Jan 7 (Reuters) - U.S.-China trade relations will be tested again this year as imports bounce back from 2009 lows and American factories seek protection from lower-priced Chinese competition that they blame for lost sales and jobs.

But concern about damaging the fragile U.S. economic recovery or alienating the largest foreign holder of U.S. debt is likely to limit any action by President Barack Obama or the U.S. Congress to force China to raise the value of its currency, the biggest irritant in the trade relationship.
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Waiting for the usual dose of fried rice from a local Chinese takeaway – ordered in the post-Christmas avoidance of cooking duties and a meal which, incidentally, had experienced price inflation since my last visit – I discovered vital information about Ben Bernanke's borrowing strategy.
Hidden amongst a pile hospitality trade publications and week-old newspapers was a surprisingly recent editi ...

On November 23, gold hit $1,174 per troy ounce in morning trading in New York before December contracts fell back but... ...