China's roaring economy for years has pulled much of the rest of the world with it, soaking up oil, iron ore and other commodities from developing countries and autos and luxury goods from Europe. But its role as a global engine is fading as its economy slows - and many other nations, in the view

Everyone from Wall Street to the CIA expects that China and India will keep growing at lightning speed. These Asian giants are global economic powerhouses, offsetting weak growth in many developed economies like Europe. But Larry Summers warns it's no slam dunk that China and India will continue

An employee works on an assembly line at the General Motors plant in Asaka August 29, 2012. Euro zone businesses performed much better than forecasters expected this month and China's vast factory sector grew a shade faster but there were worrying signs that the upturn could be short-lived. The

China grew at its slowest pace since the global financial crisis in the September quarter and risks missing its official target for the first time in 15 years, adding to concerns the world's second-largest economy is becoming a drag on global growth. A pick-up in factory output and government

An employee dries shuttlecocks on shelves at a shuttlecocks processing factory in Wuhu, Anhui province November 8, 2010. China plans to grow its sports sector into a 5-trillion-yuan ($817-billion) industry by 2025 to boost employment and domestic consumption in its "new" economy, the government