I.M.F. Is Upbeat on China’s Growth but Questions Industrial Policy

I.M.F. Is Upbeat on China’s Growth but Questions Industrial Policy

Surging exports and factory investment are buoying China’s output, but the housing market faces serious troubles and industrial policies may hurt other countries.
China Has a Plan for Its Housing Crisis. Here’s Why It’s Not Enough.

China Has a Plan for Its Housing Crisis. Here’s Why It’s Not Enough.

A new approach by China’s top leaders is bold but pales against the problem: a vast number of empty apartments no one wants to buy.
‘It Is Desolate’: China’s Glut of Unused Car Factories

‘It Is Desolate’: China’s Glut of Unused Car Factories

Manufacturers like BYD, Tesla and Li Auto are cutting prices to move their electric cars. For gasoline-powered vehicles, the surplus of factories is even worse.