Data Signals Economic Trouble in China

As China’s leaders have been preoccupied with a political struggle leading up to a once-in-a-decade leadership change this autumn, there are increasing signs that the Chinese economy may be running into trouble.

China announced Thursday that growth in imports had unexpectedly come to a screeching halt in April ”” rising just 0.3 percent from the same period a year earlier, compared with expectations for an 11 percent increase. Businesses across the country appeared to lose much of their appetite for products as varied as iron ore and computer chips.

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Posted in * Culture-Watch, * Economics, Politics, * International News & Commentary, Asia, China, Consumer/consumer spending, Corporations/Corporate Life, Economy, Globalization

One comment on “Data Signals Economic Trouble in China

  1. Yebonoma says:

    If your “wonkiness” demands that you follow all these releases, I recommend http://www.econoday.com. It tracks all the economic data releases from the U.S. and around the world.