Asia, Chinese Economy | featured news

China's economy hasn't shown any signs of rebounding in the third quarter, and domestic investment is unlikely to expand dramatically in the short term, a central bank adviser said.

China's imports shrank unexpectedly in August in a sign its economic slump is worsening and the Chinese president warned growth could slow further, prompting expectations of possible new stimulus spending.

China’s manufacturing sector shrunk in August for the first time in nine months, according to government data released over the weekend, in yet another sign that the Chinese economy is slowing just as its leaders prepare for a delicate power transfer this fall.

China won’t rescue the world economy this year as it has throughout the financial crisis period that started in 2008. The country’s latest economic data shows what many economists have been saying about the world’s second largest economy: be prepared to be disappointed.

China's big cities are announcing large investment plans intended to boost slowing growth rates, but just how much of a lift they will give to the economy remains uncertain.

China's economy is still facing big downward pressure and the foundation of a recovery is not yet solid, Chinese Premier Wen Jiabao said during a trip to the country's coastal Zhejiang province, state radio said on Wednesday.

Stocks closed Friday higher even as a raft of weak data from China signaled a slowing global economy.

Stocks are opening lower on Wall Street, deflated by signs that the global economic meltdown is being felt across Asia... China reported sharply lower growth in its exports. The so-called fiscal cliff, when U.S. government spending cuts and higher taxes kick in on Jan. 1, looms larger now that the distraction of earnings season is over.

China's industrial output and fixed-asset investment are expected to show signs of picking up in data on Thursday, indicating that the economy is starting to stabilize after sliding for six straight quarters.

Chinese Premier Wen Jiabao warned that China's economic rebound isn't yet stable and the hardship may continue for a period.