Economists offer alternatives to financial safeguards created when the U.S. was the pre-eminent superpower and climate change wasn’t on the agenda.
Category: China
‘I Have No Future’: China’s Rebel Influencer Is Still Paying a Price
Li Ying used social media to help tell the world about last year’s protests. Now in exile, he has been threatened and lost his livelihood for his defiance.
Gold Bars and Tokyo Apartments: How Money Is Flowing Out of China.
Chinese families are sending money overseas, a sign of worry about the country’s economic and political future. But a cheaper currency is also helping exports.
A New Law Supercharged Electric Car Manufacturing, but Not Sales
President Biden’s 2022 climate act spurred big investments in U.S. battery factories, but it has not similarly boosted E.V. sales.
China Is Winning in Solar Power, but Its Coal Use Is Raising Alarms
China is building as much clean energy capacity over four years as it had promised to build in 10 years, but continues to add coal-fired power plants.
How China Mourned Li Keqiang Online, Until the Censors Stepped In
An outpouring on social media for Li Keqiang, the former premier who died Friday, reflected public grief for an era of greater growth and possibility.
China Bet It All on Real Estate. Now Its Economy Is Paying the Price.
After relying on a borrow-to-build model for decades, Beijing must make difficult choices about the country’s housing market and economic future.
China’s Economic Stake in the Middle East: Its Thirst for Oil
China is the largest oil importer by far from Saudi Arabia and from Iran, highlighting the risk it faces if the war in Israel and Gaza were to broaden.
China Is Suffering a Brain Drain. The U.S. Isn’t Exploiting It.
China’s brightest minds, including tech professionals, are emigrating, but many are not heading to America. We spoke to them to ask why.
China Evergrande’s Founder: The Rise and Fall of Hui Ka Yan
Hui Ka Yan, who grew up poor in the countryside, was a symbol of China’s economic rise. With Evergrande teetering, his future is uncertain, too.