Paul Wiseman

November 08, 2011 | Daily Report Online

China's high-flying economy is starting to lose altitude. The big question is whether the world's economic superstar will descend gradually-or so fast that it harms a fragile global economy.China's comedown is being engineered by its policymakers. They want to slow its growth rate just enough to cool inflation without sapping job growth.

By Paul Wiseman

8 minute read

December 09, 2010 | Daily Report Online

Factories are busier. Incomes are rising. Autos are selling. The holiday shopping season is shaping up as the best in four years. Stock prices are surging.And many analysts are raising their forecasts for the economy's growth. Goldman Sachs, for instance, just revised its gloomy prediction of a 2 percent increase in gross domestic product in 2011 to 2.

By Paul Wiseman

7 minute read

January 20, 2011 | Daily Report Online

U.S. companies have long demanded that China let its currency rise to make U.S. exports cheaper. But as President Hu Jintao visits Washington this week, U.S. companies are stressing other goals: Stopping the theft of intellectual property. And getting a fair chance to win government contracts.No one expects any big breakthroughs.

By Martin Crutsinger and Paul Wiseman

5 minute read

January 24, 2011 | Daily Report Online

Chinese President Hu Jintao's bargaining power has strengthened since he last visited Washington in 2006. He can credit China's explosive growth, coupled with economic misfortunes in the United States.No wonder an emboldened Hu has shown little inclination to bow to the U.S. on issues from China's currency to its support of North Korea.

By Joe McDonald and Paul Wiseman

5 minute read

June 01, 2011 | Daily Report Online

From the United States to Europe and even to booming China, the global economy is showing signs of strain.Most major economies are expected to keep growing. But evidence is mounting that many around the world are struggling to expand as fast as they did last year.European governments are struggling with debts and squeezed budgets.

By Paul Wiseman

5 minute read

June 15, 2011 | Daily Report Online

The best cure for the economy now is time.That's the overwhelming opinion of leading economists in a new Associated Press survey. They say the Federal Reserve shouldn't bother trying to stimulate the economy-and could actually do damage if it did.The economists are lowering their forecasts for job creation and economic growth for the rest of this year, mainly because of high oil prices.

By Paul Wiseman

5 minute read