Hong Kong’s Trophy Homes Are Selling at Fire Sale Prices

Hong Kong’s Trophy Homes Are Selling at Fire Sale Prices

China’s economic downturn has not been kind to the ultrarich who made their wealth on its rise. In their haste to cough up cash, Hong Kong’s luxury property market has had some fire sales.
As Trump Threatens a Wider Trade War, the U.S. Confronts a Changed China

As Trump Threatens a Wider Trade War, the U.S. Confronts a Changed China

The Chinese economy is more dependent on exports, making tariffs more potent, yet it’s less reliant on American markets and increasingly bent on self-sufficiency.