China’s Rising Debt Spurs Moody’s to Cut Credit Outlook The ratings agency expressed concern about the potential cost to Beijing of bailing out debt-burdened local governments.
China Evergrande Soared on the Property Boom. Here’s Why It Crashed. Blame for the property developer’s downfall has been placed on Chinese lending policies, but poor corporate oversight was hiding in plain sight.
China Wants to Bulldoze ‘Urban Villages’ to Revive the Economy The halting revitalization of one “urban village” in Shenzhen shows the challenges of fixing a national property crisis after years of overborrowing.
The Rise and Fall of the U.S.-China Economic Partnership China and the U.S. both gained from their economic integration. As they pull apart, each is finding it will be hard to fully replace the other.
More Semiconductors, Less Housing: China’s New Economic Plan Policymakers, wary of inciting reckless borrowing in real estate, are instead investing heavily in factories and trying to help indebted local governments.