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.
Category: China
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What to Know About China’s Real Estate Crisis
China’s economy was long dependent on a booming real estate sector, which has recently fallen on harder times.
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Could U.S. Toughness on Chinese Business Have Unintended Consequences?
Businesses fear that efforts to look tough on Beijing, which have the potential to be more expansive than moves by the federal government, could have unintended consequences.
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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.
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China Central Bank Cuts Key Interest Rate on Bank Lending
The action by the People’s Bank of China, the central bank, the latest in a series of steps to try to spur lending, was more modest than expected.
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China Faces a Crisis in Its Real Estate Sector
Beijing wanted to cool its housing market, but created a bigger problem, as the fallout from debt-laden developers and sinking sales spreads to the broader economy.
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Intelligence Agencies Warn Foreign Spies Are Targeting U.S. Space Companies
U.S. officials say Chinese and Russian spy agencies are trying to steal technology from private American space companies and preparing cyberattacks that could disable satellites in a conflict.
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Interest Rate Jitters Sink the Giants of Tech
Apple, Nvidia, Tesla and Microsoft are among the giants that have tumbled by at least 10 percent in the past month after powering a market rally earlier this year.
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Trouble in China Pushes Hong Kong’s Hang Seng Into Bear Market
The Hang Seng Index has fallen more than 20 percent from its recent high, as investors grow more pessimistic about China’s post-pandemic recovery.
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In China, More Single Female Home Buyers, Resisting Sexist Norms
The housing market in China is in turmoil. But more and more women, facing a less equal society, are buying their own homes in search of security.