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China, US Lock Horns in Economic Battle

Jul 04, 2016 03:10 PM EDT

The world is witnessing a number of financial turning points at once with the steel industry crisis, the insecurities that loom large after the Brexit vote, and it appears that the China and US have locked horns in what seems like a long and hard economic battle.

Chinese investors have been named the biggest overseas buyers of US real estate, according to a report.

China is US' Biggest Overseas Real Estate Buyer

Charissa Echavez |

May 19, 2016 06:03 PM EDT

Amid China's economic slowdown, Chinese investors have been named the biggest overseas buyers of US real estate, according to a report from the Asia Society and Rosen Consulting Group, which was released on Monday, May 16.

China Set to Overtake U.S. Economy by 2030

Marcel Woo |

Dec 26, 2014 12:54 AM EST

China's economy will continue to grow in the next 15 years to become the world's biggest by 2030, overtaking the current global leader United States.

Mall of America, the nation's largest mall, wants to attract more Chinese shoppers.

Healthy Retail Sales Signal Recovery Of The US Economy

Vittorio Hernandez |

Dec 12, 2014 07:18 AM EST

The American love affair with shopping is seen as the booster for the U.S. economy as the country ends 2014 on a high note.

Dow Jones And S&P 500 Return to Record Highs, Indicators Of Strong U.S. Economy

Vittorio Hernandez |

Nov 21, 2014 02:12 AM EST

The Dow Jones added 33.27 points or 0.2 percent on Thursday, hiking the Dow to 17,719, the second time it broke a record this week after it registered 17,687.82 on Tuesday. Reckoned from January, the Dow has gone up 6.9 percent in 2014.

Stocks Start October With a Drop

Ren Benavidez |

Oct 02, 2014 07:00 PM EDT

The United States financial market welcomed October with a rocky start as the Dow Jones industrial average on Wednesday dipped by more than 200 points amid economic problems in the U.S. and all over the world.

U.S. Economy Expands at Fastest Pace in Second Quarter

Ren Benavidez |

Sep 27, 2014 11:10 PM EDT

The United States economy grew at its fastest pace in the second quarter since 2011, expanding at an annual rate of 4.6 percent from April to June, the Department of Commerce reported.