china economy

The Big Picture This Week: Earnings Season, Inflation

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.

How Emerging Markets Can Avoid Getting Burned by Hot Money

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.

Why China's Housing Bubble Will End Badly

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.

Treasury Secretary Geithner's Trade Diplomacy in China

Timothy 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.