China Says Economy Grew 5% Last Year, Driven by Exports

China Says Economy Grew 5% Last Year, Driven by Exports

The economic scars of China’s real estate crash are evident at the country’s many street markets for construction materials. Proprietors of once-bustling shops that sell everything from lighting fixtures and doors to toilet bowls are aching for customers. At the same time, China’s exports have climbed sharply. Companies are shipping cars, smartphones and many other […]

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In Pursuing Canal, Trump Could Push Panama Closer to China

In Pursuing Canal, Trump Could Push Panama Closer to China

As Panama’s president laid a wreath to honor those who died protesting the American occupation 60 years ago, the ceremony attendees were resolute. The commemoration this month came just days after President-elect Donald J. Trump falsely claimed China was controlling the Panama Canal and suggested he could use military force to retake the waterway. The […]

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China’s Central Bank Stops Buying Bonds as Deflation Fears Grip Economy

China’s Central Bank Stops Buying Bonds as Deflation Fears Grip Economy

In a striking sign of the Chinese economy’s stagnation, the central bank said on Friday that it had temporarily stopped buying government bonds. The central bank’s unexpected action is aimed at braking a recent shift by investors toward purchasing bonds while shunning riskier assets like stocks and real estate. That shift has driven China’s long-term […]

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