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China capex growth hits three-year low as weak economy, trade war drag

Capital investment by Chinese firms has ground to its slowest pace in three years, as a weakening economy, tight credit and prolonged trade war with the United States dent sales growth and cash reserves, a Reuters analysis showed......»»

Category: topSource: reutersDec 3rd, 2019

China"s economy cools in the fourth quarter, 2018 growth hits 28-year low

China's economic growth cooled slightly in the fourth quarter from a year earlier as expected, weighed down by weak investment and faltering consumer confidence as Washington piled on trade pressure, leaving 2018 growth the weakest in 28 years......»»

Category: topSource: reutersJan 20th, 2019

These 4 Goldman Sachs charts show how hard Trump"s trade war is hitting the US and China

Getty Images The trade war is taking a massive toll on the global economy. The bank expects an "extended truce," and sees the drag on growth waning next year, "assuming t.....»»

Category: topSource: businessinsiderNov 19th, 2019

China"s economy cools in fourth quarter, 2018 growth at 28-year low

China's economic growth cooled slightly in the fourth quarter from a year earlier as expected, weighed down by weak investment and faltering consumer confidence as Washington piled on trade pressure, leaving 2018 growth the weakest in 28 years......»»

Category: topSource: reutersJan 20th, 2019

China may be shaking out of its slump, and its economy could grow 5% this year after a surprising first-quarter performance, BofA says

BofA still doesn't expect "a full-blown growth rebound" as China grapples with a real estate crisis and weak consumer demand. SHANGHAI, CHINA - FEBRUARY 24: A woman cros.....»»

Category: dealsSource: nytApr 19th, 2024

US trade deficit narrows for first time in 6 years

The U.S. trade deficit fell for the first time in six years in 2019 as the White House's trade war with China curbed the import bill, keeping the economy on a moderate growth path despite a slowdown in consumer spending and weak business investment......»»

Category: topSource: moneycentralFeb 5th, 2020

U.S. trade deficit narrows in 2019 for first time in six years

The U.S. trade deficit fell for the first time in six years in 2019 as the White House's trade war with China curbed the import bill, keeping the economy on a moderate growth path despite a slowdown in consumer spending and weak business investment......»»

Category: topSource: reutersFeb 5th, 2020

U.S. trade deficit shrinks in 2019 for first time in six years

The U.S. trade deficit fell for the first time in six years in 2019 as the White House's trade war with China curbed the import bill, keeping the economy on a moderate growth path despite a slowdown in consumer spending and weak business investment......»»

Category: topSource: reutersFeb 5th, 2020

As US-China Trade Deal Is Signed, China’s Slower Growth Comes Into Focus

With a slowing economy and with trade tensions with the United States high in 2019, China's growth rate came in at 30-year lows......»»

Category: blogSource: 247wallstJan 17th, 2020

China"s economy grew at the slowest pace in nearly 30 years as Trump"s trade war bites

Kevin Lamarque/Reuters China's economy grew 6.1% last year, its lowest pace of growth in nearl.....»»

Category: topSource: businessinsiderJan 17th, 2020

World stocks sink as China slowdown deepens, German economy weak

World stocks nudged down on Thursday as Chinese economic data slowed in October and Germany only narrowly avoided a recession in the third quarter, adding to worries about the global growth fallout from the U.S.-China trade war......»»

Category: topSource: reutersNov 14th, 2019

Stocks dip as China slowdown deepens, German economy weak

World stocks nudged down on Thursday as Chinese economic data slowed in October and Germany only narrowly avoided a recession in the third quarter, adding to worries about the global growth fallout from the U.S.-China trade war......»»

Category: topSource: reutersNov 14th, 2019

China"s car sales crash show trade war wounds, electronic cars flopping

The Chinese auto market is on track to contract for second year, dragged down by weak demand in the face of cooling economic growth and a tariff war with Washington......»»

Category: topSource: foxnewsNov 11th, 2019

Alibaba founder Jack Ma tops Forbes China Rich List for second year running

Despite the U.S.-China trade war and slowing growth in the world's second largest economy, the total wealth of the 400 members on the 2019 Forbes China Rich List rose by more than 20% from a year ago......»»

Category: topSource: moneycentralNov 7th, 2019

Alibaba founder Jack Ma tops Forbes China Rich List for second year running

Despite the U.S.-China trade war and slowing growth in the world's second largest economy, the total wealth of the 400 members on the 2019 Forbes China Rich List rose by more than 20% from a year ago......»»

Category: topSource: moneycentralNov 7th, 2019

Economy slows, Fed hits brakes, and uncertainty clouds Washington’s next steps

Trump promised at least 3 percent growth a year, an annual pace he has yet to achieve. Consumers are still spending, but businesses have pulled back sharply as the trade war and global tensions escalate......»»

Category: topSource: washpostOct 30th, 2019

U.S. unemployment rate hits 3.5%; job growth moderate

The U.S. unemployment rate dropped to near a 50-year low of 3.5% in September, with job growth increasing moderately, suggesting the slowing economy could avoid a recession for now despite trade tensions that are hammering manufacturing......»»

Category: topSource: reutersOct 4th, 2019

U.S. recession risks up as services growth hits three-year low

U.S. services sector activity slowed to a three-year low in September amid rising concerns about tariffs, suggesting that trade tensions were spilling over to the broader economy......»»

Category: topSource: reutersOct 3rd, 2019

Global stocks fall to lowest in month on U.S. growth worries

World equity benchmarks hit their lowest levels in a month Wednesday as signs of a slowdown in U.S. economic growth and weak earnings in Europe fanned fears that the U.S.-China trade war could push the global economy into a recession......»»

Category: topSource: reutersOct 2nd, 2019

Wall Street tumbles as September factory activity hits 10-year low

Wall Street's main indexes shed as much as 1% on Tuesday after data showed U.S. factory activity shrank in September to its weakest in more than a decade, deepening worries about the impact of a U.S.-China trade war on the world's largest economy......»»

Category: topSource: reutersOct 1st, 2019

Is recession ahead? It may depend on your Christmas shopping.

As talk picks up about the trade war's drag on business investment and on the economy, it's consumers and their checkbooks who will have the biggest say about when the next recession hits. Consumer spending is by far the largest part of economic growth......»»

Category: topSource: washpostSep 21st, 2019