Once considered a survivor of China’s real estate turmoil, Country Garden is now at the center of the crisis and threatens the broader economy.
Tag: Stocks and Bonds
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Why the Stock Market’s Summer Doldrums Are Not a Problem
After a fierce rally largely propelled by a handful of tech stocks, the market’s rapid climb stalled in August. That setback could ultimately be a good thing, our columnist says.
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China’s Property Crisis: Why It’s So Hard for Beijing to Fix
Beijing has often addressed economic troubles by boosting spending on infrastructure and real estate, but now heavy debt loads make that a hard playbook to follow.
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How Short Seller Nathan Anderson Beat Carl Icahn “at His Own Game”
After a short seller targeted Icahn Enterprises, the activist investor made changes. At 87, he insists he’s not going anywhere and will refocus on rattling company cages.
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Chinese Confidence Hits Low Point Because of Nation’s Economic Troubles
Consumers and business owners say they feel paralyzed by despair, and their reluctance to spend and borrow is feeding what could become a dangerous cycle.