The Rise and Fall of the U.S.-China Economic Partnership

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

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.