S&P 500
7,226.20
+0.01%
Dow Jones
49,494.60
-0.62%
Nasdaq 100
27,685.40
+0.66%
Russell 2000
2,804.78
-0.02%
FTSE 100
10,364.50
0.00%
Nikkei 225
59,260.50
-0.78%

Investing

Foreign Investmen In China Falls

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
Follow 24/7 Wall St. on Google
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

For the first time in 28 months, foreign investment in China fell. The data could be a futher sign of a drop in economic activity. China’s PMI numbers have been off. On the other side of the equation, inflation has cooled. The central government said it will take steps to stem the drop by pushing more liquity into the markets However, the cannot offset the weakness of exports caused by troubled economies like the EU. China’s middle class may have cut consumer spending as well, on worry that wages will not continue to increase.

Reuters reports that

The data highlights increasing risks to China’s growth emanating from a deterioration in developed market economies while domestic demand is being dented by government efforts to rein in rampant real estate inflation.

The China miracle cannot outpace the global economy if most of the world is in the midst of an economic contraction

 

 

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

Featured Reads

Our top personal finance-related articles today. Your wallet will thank you later.

A 70-Year-Old With $1.4 Million Faces a $62,000 RMD That Pushes Him Into a Higher Tax Bracket
Drew Wood |

A 70-Year-Old With $1.4 Million Faces a $62,000 RMD That Pushes Him Into a Higher Tax Bracket
A Couple's $1.2 Million Portfolio Faces a 3.9% Withdrawal Rate That Feels Safe but Is Not
Drew Wood |

A Couple's $1.2 Million Portfolio Faces a 3.9% Withdrawal Rate That Feels Safe but Is Not

Continue Reading

Douglas A. McIntyre |

China’s Economy And Stock Market Decouple

China’s GDP grew 9.8% in the fourth quarter of last year. The country’s consumer price index dropped to 4.6% in…
Douglas A. McIntyre |

Trouble In Beijing,China Consumer Prices Fly

No one should be shocked that inflation has returned in force to China. It has stimulated its economy enough to…
Douglas A. McIntyre |

China: A Step Back To Take A Step Forward

Inflation in China has gone high enough that the government may have curtail economic growth to curb it. Such actions…
Douglas A. McIntyre |

Job Market to Worsen Worldwide in First Quarter

Unemployment, which has plagued all developed economies, may get little help from employers early next year. This problem will cascade…
Douglas A. McIntyre |

China Oil Crisis Could Cripple World Economy

Forget about the credit crisis and home mortgage problems. The largest single threat to economic stability in the US and…
Douglas A. McIntyre |

China Drives Away Investors on Hard Landing Concern

If there is any single signal that China may be in for a hard economic landing, it is the performance…
Douglas A. McIntyre |

As China Lectures The West, Its Own Economic Statistics Are Almost Certainly Wrong

When China’s Lazarus, Deng Xiaoping, finally became the absolute leader of the world’s most populated nation in 1978, the country…
Douglas A. McIntyre |

China: When 9% GDP Growth Is A Recession

China’s big stock index, the Shanghai Composite, has fallen from a 52-week high of over 6,000 to 1,974. Idiot math…
Douglas A. McIntyre |

Why The Dow Will Plunge To 7,000

Photo by Spencer Platt/Getty ImagesOne theory of economics says that any market can return to a point where it has…

Top Gaining Stocks

Cboe Global Markets
CBOE • Vol: 1,568,143
New Pluto Global
PSKY • Vol: 12,285,993
Seagate Technology
STX • Vol: 7,378,346
Oracle
ORCL • Vol: 26,317,675
Datadog
DDOG • Vol: 6,247,779

Top Losing Stocks

LKQ
LKQ • Vol: 4,367,433
Clorox
CLX • Vol: 13,260,523
Stryker
SYK • Vol: 4,519,455
Mohawk Industries
MHK • Vol: 1,859,865
Amgen
AMGN • Vol: 3,818,618