While government estimates released Wednesday show the overall U.S. economy contracted, they indicate the sporting goods industry continued to grow. Real gross domestic product - the value of the production of goods and services in the ...
Chinese consumers will continue to increase in wealth and complexity, and fears about the country' s slowing economy are overblown, experts said. Many people who worry about economic rebalancing in China focus only on the low share of ...
Tags: Chinese consumers, slowing economy
China's central bank said yesterday it would cut the level of funds commercial banks must hold in reserve by 1 percentage point, the second such move this year to boost lending.The move, effective today, comes after the world’s second ...
China's economic growth slowed to 7 percent in the first quarter of 2015, down from 7.3 percent in the fourth quarter, the National Bureau of Statistics (NBS) announced on Wednesday. The latest figure was better than the forecasts by ...
Tags: Chinese economy, consumer prices
China's fixed asset investment rose 13.5 percent from a year earlier to 7.75 trillion yuan (1.26 trillion U.S. dollars) in the first quarter of 2015, the National Bureau of Statistics said on Wednesday. The pace of increase slowed further ...
Real spending on travel and tourism grew more than twice as fast as real gross domestic product (GDP) in the fourth quarter, according to government estimates released Wednesday, March 18. Growth in spending accelerated in the fourth ...
Tags: GDP, air transportation, Recreation
Macroeconomics plays a critical role in operation of any business as prevailing economic conditions affect individual businesses as well. Entrepreneurs and others business people must take these factors into consideration as part of their ...
Tags: GDP, economic conditions, Electronics
China's declining use of coal may be felt from Australia to the United States, especially the US state of Wyoming where coal is major part of the economy. Last week Premier Li Keqiang said China wanted to reduce its energy intensity ...
Tags: Metallurgy, coal, Coal Consumption
As China walks the economic tightrope of balancing steady growth, facilitating restructuring and combating deflation risks, Zhou said there may be room for flexibility despite consistent championing of a prudent monetary policy. Policy ...
Tags: Central Bank, China's GDP
China unveiled its economic growth target for 2015 Thursday, putting an end to months of speculation.[Special coverage] The target, as expected, was lowered to "around 7 percent," a level not seen since 2004 and 0.5 percentage points ...
Tags: Consumer Electronics, Growth
The Chinese economy is confronted with more difficulties than anticipated in 2014, but it has scored more achievements than expected, said Xu Shaoshi, minister in charge of the National Development and Reform Commission, China's top ...
China's economy is likely to grow at a medium-to-high rate under the "new normal", Economic Daily reported Justin Yifu Lin, a member of China's 12th CPPCC as saying on Monday. Under the "new normal", China has both the conditions and the ...
Tags: medium-to-high rate, new normal
China's "new normal" economy, although growing at a slower pace, actually added value last year as more jobs were created, inflation was under control, and trade rose, said a senior official at the National Bureau of Statistics yesterday. ...
President Xi Jinping unveiled his thinking about the Chinese economy, saying the world's second largest economy is seeing a "new normal" emerging. China's 2014 economic growth edged down to a 24-year low of 7.4% from 7.7% in 2013, ...
Tags: China's Economy, economic growth
The Japanese economy appears to have expanded during the October-December period, marking the first growth in three quarters thanks to a long-awaited recovery in consumer spending. Real gross domestic product grew an annualized 4% last ...
Tags: consumer spending, Electrical