Chinese Economy

By Stephanie Kelly NEW YORK (Reuters) - Oil prices steadied on Friday as sluggish economic growth in China, the world's biggest crude importer, raised concerns over fuel demand and countered optimism from the signing of a China-U.S. trade deal. Brent crude futures rose 9 cents to $64.71 a barrel by…

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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…

REUTERS: U.S. stock index futures hit new all-time highs on Friday, with investor optimism bolstered by an upbeat set of U.S. corporate earnings reports and indications of resilience in the Chinese economy. Spurring inflows in global stock markets for a fift…

(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…

Almost two years to the day that U.S. President Donald Trump first imposed tariffs on imported washing machines and solar panels, the U.S. and China have officially completed a "phase one" trade deal.Since the deal was announced in mid-December, the S&P 500 has rallied 3.4% on hopes that the phase…

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…