Chinese Economy

Another sign of China's growing role in international commerce. According to a report commisssioned by the Global Business Travel Association (GBTA) and sponsored by Visa (NYSE: V), China is expected to surpass the United States as “the world's most dominant business travel market” within the...

As reported in the Financial Times, Chinese officials were using the government shutdown in the United States to push for greater usage of the Chinese currency, the yuan, as a monetary unit for the settlement of transactions around the world. A major part of the lobbying effort pointed to the...

Futures Lower After Cisco Earnings, Weaker Dollar U.S. equity futures traded slightly lower in early pre-market trade following some weak guidance from Cisco (NASDAQ: CSCO) for the upcoming quarter and as the dollar traded lower. Also, some weak earnings in Europe weighed on sentiment. Top News...

Futures Lower On Mixed China Data U.S. equity futures traded lower in early pre-market trade following a mixed set of data from China. China released four separate key data points, all of which served to create more uncertainty over the fate of the world's second largest economy than to alleviate...

Stocks in major Asian countries fell overnight on fears of a protracted economic slowdown in China spilling over to the global economy. A weak retail sales report in Japan followed a terrible report from earlier in the weekend from China that indicated that economically-sensitive industrial...

Futures Little Changed Ahead of Bernanke, Key Tech Earnings U.S. equity futures nearly unchanged ahead of some key earnings Thursday as well the second day of Congressional testimony from Federal Reserve Chairman Ben Bernanke. Earnings from Verizon (NYSE: VZ), Google (NASDAQ: GOOG), and...

Futures Lower Ahead of Bernanke Testimony In Congress U.S. equity futures fell in early pre-market trade following some mixed earnings yesterday ahead of Ben Bernanke's first of two days of testimony on Capitol Hill. Wednesday, he will speak to the House Financial Services Committee. For a full...

Futures Bounce On Renewed Stimulus Hopes U.S. equity futures rose in early pre-market trade on renewed hopes of monetary stimulus in the U.S. as two Fed Presidents reiterated that tapering does not equal a switch to tight monetary policy. Minnesota Fed President Naryana Kocherlakota issued an...

Gordon Chang, author and Forbes Columnist known for his book The Coming Collapse of China, sees China on a decline that's becoming increasingly steeper. He explained his views on CNBC's Squawk Box Monday morning. Chang began by noting his comments that this is China's "Lehman moment," referring...

Markets tumbled overnight on fears that China's slowdown will produce the much dreaded hard landing as economists at Goldman Sachs cut the growth forecasts for the emerging market economy. Chinese shares fell over 5 percent while copper tumbled to a new 2013 low on global growth fears. Slowing...

Futures Drop On China Fears, Easing Doubts As Chinese Stocks Plummet U.S. equity futures declined in early pre-market trade Monday on continued fears surrounding the Chinese economy. The People's Bank of China issued a statement attempting to reassure markets of the state of the Chinese economy...

China's economy looks set to continue to slow to growth rates not seen in decades this year as the manufacturing sector continues to contract and the government refuses to help the struggling financial sector. Overnight, lending rates rose above 10 percent Thursday in a sign that the entire...

Over the past weekend, an avalanche of economic data out of China was released and should affect markets Monday. Equities and commodities in particular should move on the news as markets digest the impact on global growth and demand from the data. Mixed Trade Data China first reported its trade...

Futures Lower on Chinese Data, Fed Tapering Fears U.S. equity futures traded lower in early pre-market trade following some weak economic data out of China and also on the heels of an article from the Wall Street Journal's Jon Hilsenrath about the Fed. Hilsenrath wrote that the Fed is now...

China's economy slowed substantially in the first quarter, reporting four key data points overnight. All pointed to slower growth in the first quarter and specifically in March. The data raised fears that the global economy took a downward turn in March, and that optimistic U.S. growth forecasts...