China’s Soccer Experiment Flopped. Now It May Be Over.
China poured billions into its bid to become a player in the world’s most popular sport. A decade later, it has little to show for that investment.
Posted inChina E-Commerce Initial Public Offerings Ma, Jack
Alibaba, China’s E-Commerce Giant, Will Split Into Six Units
The major restructuring, a possible precursor to future I.P.O.s, was announced after Jack Ma, its founder, returned to mainland China after a yearlong absence.
Posted inBeijing (China) China Guangdong Province (China) Guangzhou (China) Hebei Province (China) Infrastructure (Public Works) Local Government Shaanxi Province (China) Shanghai (China) Shenzhen (China)
China’s Cities Are Buried in Debt, but They Keep Shoveling It On
China has long pursued growth by public spending, even after the payoff has faded. Cities stuck with the bill are still spending — and cutting essential services.
Posted inBanking and Financial Institutions China Credit and Debt Foreign Investments Interest Rates International Relations International Trade and World Market
After Doling Out Huge Loans, China Is Now Bailing Out Countries
Beijing is emerging as a new heavyweight in providing emergency funds to debt-ridden countries, catching up to the I.M.F. as a lender of last resort.