Claire Fu and Daisuke Wakabayashi
Posts
China’s Property Crisis Blew Up Investments That Couldn’t Lose
Citic said its new fund was as safe as they come because it would invest in real estate. Then the developer defaulted and the projects...
In China, Businesses Cut Prices as Consumers Spend Less
Beijing hopes spending can spur growth, which has been dragged down by slowing real estate sales and exports. But shoppers are gravitating to discounts.
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.
Death Toll in Beijing Hospital Fire Soars to 29
Officials say a preliminary investigation found that the fire started when sparks from a construction project ignited paint. A dozen arrests have been made.
Price War Over Electric Cars Erupts in China
The intense competition among the country’s huge number of start-up carmakers has unsettled what had been a pillar of the economy in the last few...
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