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Items Tagged with 'China'

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Economic strength hinges on China

All eyes now on the Fed
One of the worst weeks for the stock market this year is coming to a close, but the worst may not be over. The country continues to question the health of China's economy, along with whether the Federal Reserve will raise interest rates next month.
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Fed’s Dudley: Raising interest rates not likely very soon

Due to recent market volatility hike is now "less compelling"
A September interest rate hike is now unlikely due to recent turmoil in the stock markets from China’s volatile economy. According to New York Fed President William Dudley, the prospect of a September rate hike "seems less compelling" than it was only weeks ago.
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China set to dominate foreign homebuyers market

Analysts expect Chinese to overtake Canadians within 5 years
“This bigger picture hides a rapid rise in purchases by Chinese investors, who may overtake Canadians as the largest group of foreign buyers of US housing within the next five years,” Capital Economics Property Economist Paul Diggle said.
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World economy overcomes obstacles

Projected to experience slow expansion in the months to come
Despite signs of relative weakness in China and other emerging markets, the world economy is likely to maintain slow growth for the rest of the year, analysts suggest.
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JPMorgan Chase under investigation for hiring practices

Bank accused of hiring children of powerful Chinese officials
JPMorgan Chase may have gone too far in its attempt to secure valuable business deals in China. The mega bank is under investigation for potentially hiring the children of powerful Chinese officials to win business.
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