China's Trade Growth Slips Amid Global Economic Slump
China's trade growth plunged in June, hurt by weak U.S. and European demand and a Chinese slowdown, with a potential impact on economies as far-flung as Africa and Australia.
China's trade growth plunged in June, hurt by weak U.S. and European demand and a Chinese slowdown, with a potential impact on economies as far-flung as Africa and Australia.
When businesspeople make bad bets in America, they're apt to lose money. Make a wrong bet in China, and you may lose more than just cash -- you may lose your life. Meet Chinese entrepreneur Wu Ying.
As the market breathes a sigh of relief on hopes that Europe isn't going to fall apart and the unemployment picture isn't getting worse, the focus shifts to China and earnings season. But earnings may be overshadowed if inflation data out of China is worse than expected, now that the country has the world's second largest economy.
And you thought we were dependent on foreign oil. China's nearly double-digit growth has become the envy of the world's mature economies, but all that expansion requires fuel. As a result, China is now a net importer not only of oil, but of coal as well. And the trends in Chinese energy consumption don't appear to be turning around anytime soon.



