China, Global Economy | featured news

Shin Cheol-soo no longer sees his future in the United States. The South Korean businessman supplied components to American automakers for a decade. But this year, he uprooted his family from Detroit and moved home to focus on selling to the new economic superpower: China.

China's vast manufacturing sector saw expansion accelerate in November for the first time in 13 months, preliminary results from a factory survey showed, a sign that the pace of economic growth has revived after seven consecutive quarters of slowdown.

The man in line to oversee China's massive but rapidly slowing economy for the coming decade speaks English and comes from a generation of politicians schooled during a time of greater openness to liberal Western ideas than their predecessors....

China's trade surplus widened in October as export growth accelerated, the latest encouraging sign for the world's second-largest economy.

China's economy will likely "look good" early next year, but the medium- to long-term outlook is worrisome as the country loses its labor-cost edge, a state researcher said.

Chinese Internet users who watched live streams of Monday’s U.S. presidential debate heard President Obama and Republican challenger Mitt Romney criticizing China with some of their toughest language of the campaign – which many Chinese assume the candidates will dial down once the election is over.

New economic data from China on Thursday showed that the world’s second-largest economy after the United States expanded at its slowest pace since 2009 during the third quarter of this year — though surprisingly strong data for the month of September also showed that the deceleration may, for now at least, have come to an end.

China posted monthly trade and money-supply data that offered a positive sign for the world's No. 2 economy ahead of what's expected to be the weakest quarterly economic growth report in more than three years.

The euro zone's economic woes accelerated last month and China's slowdown looked likely to extend to a seventh quarter, surveys on Wednesday showed, while the United States proved the bright spot with better-than-expected news on services and jobs.

A gauge of manufacturing activity in China rose slightly in September but remained in contractionary territory for the 11th consecutive month, indicating that the world's second-largest economy is still slowing.