China’s Economy Grew More Than Expected Over the Summer

China’s Economy Grew More Than Expected Over the Summer

The government spent heavily on infrastructure, state-owned banks financed a boom in factory construction and consumers spent more, but the housing sector stumbled.
In China Businesses Cut Prices as Consumers Spend Less

In China Businesses Cut Prices as Consumers Spend Less

Beijing hopes spending can spur growth, which has been dragged down by slowing real estate sales and exports. But shoppers are gravitating to discounts.
How China’s Property Crisis Is Testing Its Too-Big-to-Fail Banks

How China’s Property Crisis Is Testing Its Too-Big-to-Fail Banks

Banks hold enormous amounts of real estate debt, and regulators are nervous. But a fast-moving crisis is unlikely because the government has extensive control of the system.
Hong Kong Says It Calls the Shots, Not Beijing. Investors Are Wary.

Hong Kong Says It Calls the Shots, Not Beijing. Investors Are Wary.

Its close ties to Beijing are putting the city, still an international financial hub, in a bind as it lures Western investors to revive its economy.