Topic: Beijing
BEIJING (Reuters) - A broad and bruising downturn is sweeping through China's giant manufacturing sector, ensnaring thousands of factories already fighting for survival in the face of plunging profit margins.While the misery has not yet reached levels seen in 2008 when global ...
BEIJING (Reuters) - China's factory sector shrank the most in 32 months in November on signs of domestic economic weakness, a preliminary PMI survey showed, reviving worries that China may be slipping toward a hard landing and fuelling fears of a global ...
China's manufacturing activity slumped to its lowest level in 32 months in November, banking giant HSBC said Wednesday, renewing fears the Asian powerhouse is losing steam amid global economic woes.The news comes just days after Vice Premier Wang Qishan, China's top finance ...
BEIJING (Reuters) - The head of the International Monetary Fund warned on Wednesday that Europe's debt crisis risked plunging the global economy into a "lost decade" and said it was up to rich nations to shoulder the burden of restoring growth and ...
BEIJING (Reuters) - China said on Thursday it welcomed the consensus reached at the European Union's summit to tackle the euro debt crisis and supported measures taken by the bloc."We hope that this consensus ... is conducive to boosting market confidence," Foreign ...
(Reuters) - As housing bubbles go, China's looks relatively benign.Unlike in the United States, Chinese home buyers typically put down at least 40 percent of the purchase price. That means they don't have to worry about a modest decline wiping out all ...
World Bank chief Robert Zoellick warned Saturday that the global economy was heading into a new "danger zone", as he urged China to speed up structural reforms to help its development."The financial crisis in Europe has become a sovereign debt crisis, with ...
BEIJING (Reuters) - China is still nursing a hangover from its 2008 stimulus spending spree and may be reluctant to kick off another big round, leaving less potent options on the table should the global economy tilt toward a cliff.Just two weeks ...
China said Friday that debt deals in the United States and in Europe would not be enough to save their economies and "concrete steps" must be taken to rebalance the global economy."The only way the Americans have come up with to improve ...
BEIJING (Reuters) - China's economy slowed less sharply than expected in the second quarter and Beijing said corralling inflation remained its top priority even though a "complex and volatile" global economy clouded the outlook.Second-quarter gross domestic product rose 9.5 percent from a ...
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