China, Economy | featured news

The largest countries, like China and the U.S., should lead by example. The G-20 meeting this weekend in Canada has a heavy agenda and high expectations. Leaders face a serious challenge to demonstrate determination to follow through on the September 2009 Pittsburgh summit's framework for strong, sustainable and balanced growth.

A letter in advance of a G-20 meeting warned of economic relapse if stimulus programs are withdrawn, and hinted that China’s currency remains too weak.

Report shows that, so far, China's economy has not been hurt by Europe's debt problems.

The cost of doing business in China is going up, and that could drive up consumer prices in the United States and Europe.

The pace of China's factory output eased last month as gradual policy tightening took a toll on new orders, suggesting to some economists that Beijing will take its time before nudging interest rates higher.

Shares rose as Chinese officials said Europe would remain one of their most important markets for investment.

A raft of monthly economic data early next week could show that China's growth momentum is starting to peak, some economists say, as the impact of stimulus spending wears off and Beijing steps up its efforts to rein in property speculation and other excesses.

Would an increase in Chinese domestic demand meaningfully reduce global imbalances and improve U.S. and European employment prospects?

The country’s trade deficit was $7.24 billion last month, as imports jumped with a surging domestic economy.

So the question isn't whether the Chinese economy will change, but how. The optimistic view is that Chinese leaders will slow their investment and credit boom, and at the same time make a transition to a consumer-led economy that doesn't depend so much on exports.