By Elaine Kurtenbach The Associated Press SHANGHAI (AP) — Signs that the powerhouse Chinese economy is slowing have spooked global markets and sharpened fears that the world economy will not escape another recession, so much so that a small, preliminary survey of Chinese manufacturers contributed to a global stock market plunge this week.
Official says China to continue buying U.S. debt
By Christopher Bodeen The Associated Press BEIJING (AP) — China will continue buying U.S. government debt while paying close attention to possible fluctuations in the value of those assets, a vice governor of Beijing’s central bank said March 23.