Beijing wanted to cool its housing market, but created a bigger problem, as the fallout from debt-laden developers and sinking sales spreads to the broader economy.
Category: China
How Geopolitics Is Complicating the Move to Clean Energy
The fate of Indonesia’s unrivaled stocks of nickel — a critical mineral used to make batteries for electric vehicles — is caught in the conflict between the United States and China.
China’s Economy Battles Debt, Slowing Trade and Specter of Deflation
As China’s economy flashes indications of decline, the consequences pose perils for countries around the globe.
As China’s Youth Unemployment Soars, Pressure on Colleges Grows
Under pressure from Beijing, Chinese schools have been told to do more to secure jobs for students, who are facing bleak prospects.
Solar Supply Chain Grows More Opaque Amid Human Rights Concerns
The global industry is cutting some ties to China, but its exposure to forced labor remains high and companies are less transparent, a new report found.
China’s Government Offers Love, but Entrepreneurs Aren’t Buying It
The government’s new 31-point guidelines meant to inspire confidence feel empty to businesspeople after a three-year clampdown and no concrete changes.
Uruguay Saw Opportunity in China. It Got Schooled in the Hazards of Trade.
Uruguay’s pursuit of a trade deal with China has angered its powerful neighbors while failing to yield economic gains.
Janet Yellen’s Trip to China: No Breakthroughs But 10 Hours of Talks
Treasury Secretary Janet Yellen, after 10 hours of meetings with Chinese officials, said the two sides would pursue “more frequent communication” despite their deep differences.
The U.S.-China Rivalry Is Complicating the World’s Debt Crisis
Suriname, a tiny nation ravaged by recession, inflation and impossible debts, saw its relief held up by superpower politics. It won’t be the only country.
China’s Extreme Floods and Heat Ravage Farms and Kill Animals
China’s leader has made it a national priority to ensure the country can feed its large population. But weather shocks have disrupted wheat harvests and threatened pig and fish farming.