China and the emerging markets no longer key engine of global growth

Oct 19, 2018
What goes up must come down. In the case of the Chinese economy, what grows like an economic weed inevitably starts to slow down. Today we learned China grew by a mere 6.5 percent the latest quarter. The country’s lowest growth since the Great Recession. You might be tempted to blame that on China’s current […]

China and the emerging markets no longer key engine of global growth

Oct 19, 2018
What goes up must come down. In the case of the Chinese economy, what grows like an economic weed inevitably starts to slow down. Today we learned China grew by a mere 6.5 percent the latest quarter. The country’s lowest growth since the Great Recession. You might be tempted to blame that on China’s current […]

China's latest buzz term could worry businesses

Oct 19, 2018
"Consumption downgrade" is a popular phrase as Chinese consumers curb spending.
The success of firms selling instant noodles and pickled mustard greens have fueled a perception among Chinese citizens that the country is on a “consumption downgrade.”
Jennifer Pak/Marketplace

China's latest buzz term could worry businesses

Oct 19, 2018
"Consumption downgrade" is a popular phrase as Chinese consumers curb spending.
The success of firms selling instant noodles and pickled mustard greens have fueled a perception among Chinese citizens that the country is on a “consumption downgrade.”
Jennifer Pak/Marketplace

U.S. announces plan to withdraw from 144-year-old international postal treaty

Oct 17, 2018
The Trump administration announced today that it’s planning to pull the United States out of a relatively obscure 144-year-old treaty. The Universal Postal Union sets rates that national postal services charge for shipping small parcels to other countries. The move could affect how much you have to pay when you buy stuff online, especially if the […]

U.S. announces plan to withdraw from 144-year-old international postal treaty

Oct 17, 2018
The Trump administration announced today that it’s planning to pull the United States out of a relatively obscure 144-year-old treaty. The Universal Postal Union sets rates that national postal services charge for shipping small parcels to other countries. The move could affect how much you have to pay when you buy stuff online, especially if the […]

Would China weaponize its U.S. debt as a trade war tactic?

Oct 17, 2018
China owns more U.S. debt than any other country. Selling its current supply of U.S. treasury bonds to mess with the American economy would be an aggressive move that China would not undertake unless provoked further, according to one expert.
A vendor picks up a 100 yuan note above a newspaper featuring a photo of Donald Trump, at a news stand in Beijing on Nov. 10, 2016. 
GREG BAKER/AFP/Getty Images

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Trade consultants get a boost from tariff tensions

Oct 12, 2018
Anxious importers are flooding the phone lines of trade advisers; one has seen a 20 percent jump in business.
A worker about to move stock at the Medsource Labs warehouse in Chaska, Minnesota.
Laura McCallum/Minnesota Public Radio

The local, national and global fight over 5G infrastructure

Oct 11, 2018
Turns out, building a new wireless network doesn't happen without a tussle.
An attendee photographs a 5G logo display during a Qualcomm press event for CES 2018 at the Mandalay Bay Convention Center on January 8, 2018 in Las Vegas, Nevada.
David Becker/Getty Images

Here are some reasons why China's currency is sinking

Oct 10, 2018
One U.S. dollar today is worth about 9.92 Chinese yuan. That’s down nearly 10 percent from where it was last spring. That drop has the attention of Treasury Secretary Steven Mnuchin, who said Wednesday he wants to make sure China is not doing “competitive devaluations.” That’s when a country seeks an advantage by making its […]
An employee counts 100-yuan notes at a bank in Nantong in China's eastern Jiangsu province on July 23, 2018.
AFP/Getty Images