China's trade received a boost in January from the traditional lunar New Year holiday. Exports soared 25% from 14.1% in the previous month, while imports jumped to 28%, from the ... Read Full Story »
Additional evidence indicates that global economic growth has slowed to near zero in the past month or so. China reported trade numbers. Exports were up only 2.9% in November. It ... Read Full Story »
Have China's sluggish trade and PMI been caused by trouble in Europe and the U.S. economies, or did a possible year-long slowdown of China consumer confidence hurt export activity from the ... Read Full Story »
U.S. stock index futures are headed for a weaker open this morning, with futures for the Standard & Poor’s 500, the Dow Jones and the Nasdaq 100 down 0.3% to ... Read Full Story »
A recession in the United States is defined as two consecutive quarters in which gross domestic product falls. A Chinese recession could be very different, considering the nation’s recent traditional growth rate. ... Read Full Story »
Even the most sophisticated economist could only guess about the global effect of a 7.5% GDP growth rate in the Chinese economy this year. Some analysts claim this will be ... Read Full Story »
The head of Dow Chemical (NYSE: DOW) says Germany and France are in recession. CEO Andrew Liveris is not an economist, but the massive company he runs does do business all ... Read Full Story »
The next challenge for Congress will be a tax deadlock. (Reuters) The Nikkei falls another 2% on news of a U.S. downgrade. (Reuters) Yields on Italian and Spanish bonds fall ... Read Full Story »
Reams of new data from China show that its economy has begun to slow. Inflation for April was 5.3%--modest by Chinese standards. Information on industrial output and loans also indicated ... Read Full Story »
"China’s inflation accelerated in January as prices excluding food rose the most in at least six years, bolstering the case for more interest-rate increases to tame overheating risks in the ... Read Full Story »
The new Apple (NASDAQ: AAPL) iPad may have front and back cameras. (Reuters) Strength in the Chinese economy pushed crude back above $89. (Reuters) The strength of China's trade may ... Read Full Story »
Members of Congress who are trying to force the Obama Administration to label China as a "currency manipulator" now have another weapon. The China Customers Bureau reported that the People's ... Read Full Story »