china economy

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.

China's central bank is raising interest rates for the second time in just over a month in a bid to dampen high inflation. The People's Bank of China announced Tuesday on its website that the benchmark 1-year deposit rate would rise by a quarter percentage point to 3 percent and the 1-year lending...

Foreign capital flowing into emerging markets can be dangerous, but it also has its benefits. Developing countries need to protect themselves against the risks while profiting from the dangers. But how? Here are three things they need to do.

As China's economy continues to grow, Chinese companies are flooding the U.S. IPO market. Six of the nine companies scheduled to go public on U.S. exchanges this week hail from China, and one Taiwanese company is also planning its debut.

As investors sell on fears that China might raise interest rates, the country's top economic official says a plan to rein in double-digit growth in food prices is coming soon.

China's local governments are dependent on fees and taxes from developers. Builders gorge on no-cost credit from state-controlled banks to churn out high-end homes most Chinese can't afford. Sounds like a familiar recipe for disaster.

Geithner squeezed in a trip to Beijing on his way home from a visit to India. His mission: to diffuse ever-increasing U.S. trade tensions with China ahead of a meeting next week between the two countries' leaders. Chinese officials may be in a mood to compromise.

Billionaire Warren Buffett, perhaps the greatest investor ever, today came close to endorsing the need for a second economic stimulus bill. Speaking on ABC's "Good Morning America", Buffett, a vocal Obama supporter during the presidential campaign, said the economy is "not in a free fall, but...