Pollution in China is like corruption in the Communist Party: The problem cannot be solved while the regime continues to hold power.
U.S. economic data remains sluggish but initial jobless claims and revised GDP growth beat Wall Street estimates.
The latest statistics from China’s provincial governments show a divergence from the national figures, suggesting fraudulent accounting, according to experts.
The headline GDP figures released by Chinese officialdom don’t reflect real growth rates, according to experts and economists.
GDP for the third quarter, as measured by the Department of Labor, increased 2.7 percent in a first revision of the initial estimate. Government spending, inventories, and [...]
Outgoing head of the Chinese Communist Party (CCP) Hu Jintao has laid out ambitious goals for the growth of China’s economy. Independent experts say his goals are unattainable.
Friday, the Commerce Department reported the economy grew 2 percent in the third quarter, continuing a subpar recovery that began in July 2009.
The U.S. stock market was buoyed by retail sales results, as the Dow Jones Industrial Average gained 71.8 points, or 0.56 percent on Monday.
The U.S. economy grew at a slower pace than originally forecast, according to the U.S. Department of Commerce, because of slower inventory growth from businesses.
News of Prime Minister Mario Monti successfully forming a government in Italy and some encouraging German GDP data was not enough to lift stock markets in Europe.