Chinese Economy

By Sruthi Shankar (Reuters) - U.S. stock indexes nudged higher to fresh record levels on Friday after strong housing data and indications of resilience in the Chinese economy raised hopes of a rebound in global growth. Investor sentiment has brightened this…

Chinas economic growth hit a multi-decade low after 2019 numbers showed Beijing struggling to maintain its forecasts amid an ongoing trade war with the U.S. Growth hit 6.1 percent for 2019, down from 2018s 6.6 percent and the lowest growth rate since 1990. A…

(Photographer: Anthony Kwan/Bloomberg) © 2017 Bloomberg Finance LP Jack Ma's Ant Financial grew to become one of Chinas largest fintech platforms by providing e-wallet services and online investments to hundreds of millions of consumers. But amid mounting r…

January is off to an encouraging start. The S&P 500 is up 1.8% through just the first 10 trading days of 2020, but some stocks are obviously doing even better than the market average. I recently took a look at a few stocks that have posted year-to-date re…

By: AP | Washington | Published: January 15, 2020 11:36:16 pm Trump’s tariff increase have proved to be a headwind for China’s economy, which was already slowing, though the damage has been less than some expected. (File)The United States and China are tak…

The most concerning aspect for the Chinese economy will still be to hold up domestic demand. The rapidly rising household debt will put further breaks of the households' ability to purchase durable goods2019 was a challenging year for China, featuring rapid g…

General Motors (NYSE:GM) said that its sales in China, the world's largest new-car market, fell 15% in 2019 amid tough market conditions -- and the automaker expects those conditions to continue in 2020. GM and its joint-venture partners sold 3.09 million ve…

By Asha Sistla (Reuters) - Gold prices fell to their lowest in nearly two weeks on Tuesday as risk appetite was whetted by stronger-than-expected China economic data and the imminent signing of a preliminary U.S.-China trade deal. Spot gold dipped 0.6% to $…

(Bloomberg) -- Stocks in Asia were set for a mixed start Wednesday as the recent escalation in U.S.-Iran tensions kept a lid on sentiment. U.S. equities earlier dipped and the dollar rose, while oil continued its retreat from multi-month highs. Futures slipp…

Even as growth nears 6%, many Chinese economists oppose monetary and fiscal stimulus, citing everything from population aging to debt risk. But their arguments are far weaker than they seem and far less convincing than the case for expansionary policies.BEIJI…