Chinese imports

3 Economic Misconceptions That Need to Die

One of this country's biggest economic problems is a tsunami of misinformation. You can't have a rational debate when facts are so easily supplanted by overreaching statements and errors. Here are three misconceptions about our economy that need to be laid to rest.

Is American Manufacturing on Track for a Comeback?

Detroit's Big Three are in hiring mode again, and Japanese automakers are building cars in the U.S. to export to Asia. And they aren't the only ones ramping up U.S. production. Is America at the beginning of a new industrial age? The answer lies in China.

Can China Tame Its Inflation Dragon?

To quell its rapidly climbing prices, China has raised interest rates for the third time since October. But the signs are growing that it may not be able to keep the problem under control. And despite the economic threat from inflation, China isn't likely to let its currency rise.

Looking Beyond the Political China-Bashing

The grandstanding is understandable enough for politicians facing an electorate battered by the Great Recession. But China's growth is fueling the strong results that companies continue to deliver. And China's global trade surplus has actually been shrinking.

Chinese Spending Can't Save the World Economy

It's practically an article of faith in some economic circles that the households of fast-growing behemoths India and China will increasingly begin supporting not only their own economies, but those of the rest of the world as well. Don't count on it: Here's why.