China’s Full-Year Economic Growth Hits 25-Year Low

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China’s economic growth edged down to 6.8 percent in the final quarter of 2015 as trade and consumer spending weakened, dragging full-year growth to its lowest in 25 years.

Growth has fallen steadily over the past five years as the ruling Communist Party tries to steer away from a worn-out model based on investment and trade toward self-sustaining growth driven by domestic consumption and services. But the unexpectedly sharp decline over the past two years prompted fears of a politically dangerous spike in job losses.

Full-year growth declined to 6.9 percent, government data showed Tuesday. That was the lowest since sanctions imposed on Beijing following its crackdown on the Tiananmen Square pro-democracy movement caused growth to plummet to 3.8 percent in 1990.

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China’s economic growth edged down to 6.8 percent in the final quarter of 2015

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Click link below for story, video and slideshow:

http://www.huffingtonpost.com/entry/chinas-economic-growth-hits-25-year-low_us_569da4a0e4b0cd99679b31b7

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Reasons Stocks Are Tumbling Worldwide On ‘Black Monday’

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Wall Street woke up to, if not a Black Monday, at least a Blackish Monday. 

Markets around the world tumbled toward historic losses amid a toxic cocktail of financial volatility. As the global sell-off hacksawed European and Asian markets, U.S. traders braced for the worst. The New York Stock Exchange invoked the rarely used Rule 48, allowing stocks to open without any price indications.

But don’t panic. The market is already correcting the reverse.

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Image: Breaking News and Opinion on The Huffington Post

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Click link below for article and charts:

http://www.huffingtonpost.com/entry/5-reasons-stocks-black-monday_55db1438e4b04ae4970394b4?2cp4lsor

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