China's Economy

Oil prices rose Tuesday on signs that China, the world's second-largest economy, may avoid a significant slowdown. China said its economy grew by 8.9 percent in the fourth quarter, which was slower than the previous quarter. Experts say that level is still robust...

NEW YORK (AP) — Oil prices climbed Tuesday on expectations that China's economy — and its appetite for petroleum — will continue to grow in 2012. Benchmark crude rose by $1.51 to $102.82 per barrel in New York. Brent crude, used to price foreign oil varieties that are imported by U...