China’s fight against smog last year may be obscuring just how bad its economy is this year

As much as China‘s latest economic data indicate a slowdown in growth, a look at seasonal factors — and air pollution levels — signals the deceleration could be more significant, analysts said. Data released Thursday showed China’s industrial output fell from 5.7 percent in December to 5.3 percent in January and February. That was the slowest paceRead More

How Bad Is the China Slowdown? U.S. Companies Offer Some Answers

To gauge the scope of China’s economic slowdown, begin with forklifts. The factory workhorses are a barometer of the manufacturing sector’s fitness. Changes in demand can ease or worsen concerns about China. By that measure, EnerSys sees trouble. The Reading, Pa., maker of batteries that power forklifts said those sales in China fell in the latest quarter afterRead More

China’s current GDP growth is likely less than 6 percent, economist says

China’s current economic growth is likely below the 6 percent level amid faltering domestic demand, an economist said Tuesday. Recent signals about the world’s second-largest economy point to weaker growth, including tech giant Apple recently lowering revenue guidance for the first quarter as it blamed a variety of factors including Chinese demand. And, on Monday, Hong Kong-listed automaker Geely saidRead More

US and China resume trade talks with both eager for compromise

US and Chinese officials held their first face-to-face negotiations since a 90-day truce was declared in a trade war between Washington and Beijing, in the hope of ending a bruising confrontation between the world’s two largest economies. Hopes that the sixth round of negotiations between the two sides could yield a breakthrough helped Asian shares rise onRead More

Chinese Consumers’ Confidence Sags, Casting a Pall Over the Global Economy

For years, no matter what was happening elsewhere, global companies bet billions upon billions of dollars that China’s consumers would keep spending money. Now, just when the world economy could use their financial firepower, they are no longer so quick to open their wallets. The latest sign of a slowdown in spending in China cameRead More

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