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What is China’s Belt and Road Initiative and How Is It Changing?
Posted inChina Developing Countries Economic Conditions and Trends Foreign Investments Infrastructure (Public Works) International Relations

What is China’s Belt and Road Initiative and How Is It Changing?

Xi Jinping enhanced China’s sway in the world by lending money for infrastructure. Now he’s collecting debts and rethinking his signature aid initiative.
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Posted by By Keith Bradsher
China Bet It All on Real Estate. Now Its Economy Is Paying the Price.
Posted inBanking and Financial Institutions Beijing (China) China China Evergrande Group Country Garden Economic Conditions and Trends Foreign Investments Real Estate and Housing (Residential)

China Bet It All on Real Estate. Now Its Economy Is Paying the Price.

After relying on a borrow-to-build model for decades, Beijing must make difficult choices about the country’s housing market and economic future.
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Posted by By Alexandra Stevenson
Green Energy Builders Sought $12 Billion More Subsidies. New York Said No.
Posted inEconomic Conditions and Trends Energy and Power New York State Public Service Commission (NYS) Wind Power

Green Energy Builders Sought $12 Billion More Subsidies. New York Said No.

The developers will have to decide whether to absorb the higher-than-expected costs or break their contracts with the state.
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Posted by By Patrick McGeehan
Yellen Says U.S. Is Considering New Sanctions on Iran and Hamas
Posted inEconomic Conditions and Trends Embargoes and Sanctions Hamas International Trade and World Market Israel-Gaza War (2023- ) Treasury Department United States Economy

Yellen Says U.S. Is Considering New Sanctions on Iran and Hamas

The Treasury secretary said that she was not yet seeing an economic impact from the Israel-Gaza war.
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Posted by By Alan Rappeport

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