Global Economy Is Heading Toward ‘Soft Landing,’ I.M.F. Says

Global Economy Is Heading Toward ‘Soft Landing,’ I.M.F. Says

The International Monetary Fund upgraded its growth forecasts and offered a more optimistic outlook for the world economy.
After China Evergrande, Real Estate Crisis ‘Has Not Touched Bottom’

After China Evergrande, Real Estate Crisis ‘Has Not Touched Bottom’

The forced liquidation of China Evergrande epitomizes the sector’s struggles: Nationwide, sales are down and millions of homes have been paid for but not delivered.