Topic: China
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 ...
LONDON (Reuters) - From the United States and Italy to Japan and Greece, slow growth is hobbling the capacity of governments to service their debts, spooking markets and sapping confidence and so further darkening the economic outlook.One of the scariest aspects of ...
Democrats and Republicans in Washington need to stop blaming each other over the unprecedented US credit rating downgrade and find solutions, China's official Xinhua news agency said early on Monday.The demand came in a lengthy and harshly worded commentary, the latest in ...
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 ...
LONDON (Reuters) - Factories in Asia and Europe all but stagnated in July, according to business surveys that showed the weakest rates of growth since major industrial powers were struggling through the 2009 recession.While stock markets rose on signs of a last ...
Record corporate profits suggest that the economy should be booming. But small firms — the main engine for job growth — still have it tough, particularly at the bank.Record corporate profits suggest that the economy should be booming. But small firms — ...
As the United States and Europe struggle with debt crises, China's economy appears in robust health, but analysts say its growth model is too dependent on investment and cannot be sustained.Sitting on foreign exchange reserves worth nearly $3.2 trillion and with breakneck ...
NEW YORK (Reuters) - U.S. manufacturers are entering an period where growth is more muted, profit margins are harder to raise and earnings beats are less common.The easy money has been made, many analysts and shareholders of U.S. industrial stocks say.General Electric ...
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 ...
The global economy has hit a "soft patch" due to the disruption caused by Japan's March earthquake but emerging market growth should prevent a double-dip recession, Standard and Poor's said on Tuesday.In a report on the risks of the economy falling back ...