china bubble

China's Economic Slowdown Foreshadows Trouble for the U.S.

China's economy, the turbocharged engine of world growth, is starting to sputter. From a competitive standpoint, that may feel like good news, but what happens in Beijing doesn't stay in Beijing: The U.S. economy is inextricably linked to China's.

China Hikes Rates, and the World Stumbles

China surprised international markets Tuesday by raising key interest rates for the first time in three years. The move sparked a worldwide sell-off on worries that it could cause the Chinese economy to slow down.