The Hang Seng Index has fallen more than 20 percent from its recent high, as investors grow more pessimistic about China’s post-pandemic recovery.
Tag: Foreign Investments
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Country Garden: Why Its Financial Crisis Poses a Risk to China
Country Garden was China’s biggest real estate developer. Now it is staring down default, facing billions of dollars in losses and $200 billion in unpaid bills.
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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.