China Consumer Spending Set To Power Future Growth
The free-spending younger generation is fueling China’s transition from an export-led economy to one driven by domestic consumption.
China GDP
Slow Growth May Spur More Support
China’s (FXI, quote) economic growth failed to rebound in August as expected, signaling that the central government may have to introduce more support measures.
China’s Government Debt Risks Controllable: Premier
Premier Li Keqiang said on Wednesday that China’s government debt risks are “controllable,” as he met with business leaders ahead of the Annual Meeting of the New Champions, also known as the Summer Davos forum.
China’s Economic Structure Improves In 2014
China made progress in improving its economic structure in 2014, though its annual economic growth rate came in at a 24-year low, the country’s statistics authority said Tuesday.
China Has Policy Buffers To Sustain Growth: World Bank
The bank’s biannual Global Economic Prospects report estimates China’s GDP growth to slow to 7.1 percent this year from 7.4 percent in 2014, with the downtrend set to continue till 2017 with 6.9 percent growth.
Falling Oil Price Benefits Chinese Consumers
Mohit Jayachandran is breathing a sigh of relief. The 30-year-old engineer with Fluor Daniel, a multinational engineering and project management company in Gurgaon, near India’s capital New Delhi, says he will be having a decent end-of-year vacation this time, after a long year.
Ahead of the Open Bell
Can U.S. markets move higher after a broad sell off Monday? Two weeks ago trader overcame the broad sell off but future’s today look basically flat in pre-markets with implied opens for Dow Jones at 13.34, S&P 500 0.03 and the NASDAQ at 2.26 as of 8:40 a.m. ET.
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