Hong Kong residents are finding in Shenzhen, the mainland city next door, lower prices, better service and tasty cuisine.
Category: International Relations
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China’s Investors Are Losing Faith in Its Markets and Economy
As their losses pile up, Chinese investors are losing confidence not only in the stock market but in the government’s ability to turn the economy around.
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Angela Chao, C.E.O. of Foremost Group, Dies in a Car Crash
Ms. Chao, whose sister Elaine Chao was President Trump’s secretary of transportation, led Foremost Group, operator of a global fleet of carrier ships. She died in a car crash.
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Performance by Maestro With Russian Ties Is Canceled in Vienna
A Teodor Currentzis concert at the Wiener Festwochen was canceled after the Ukrainian conductor Oksana Lyniv, also on the program, raised concerns about his ties to Russia.
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This Arctic Circle Town Expected a Green Energy Boom. Then Came Bidenomics.
Generous subsidies are helping the United States steal green industries from Europe, as countries race to secure the energy supplies of the future.
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How Two Irish Businessmen Almost Took Nigeria for $11 Billion
A mundane contractual provision met with rampant corruption — revealing a serious vulnerability in one of the backbones of international commerce.
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India’s Quiet Push to Steal More of China’s iPhone Business
The companies that make iPhones are bringing their factories to one corner of India, to graft them onto a network of manufacturers.
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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.
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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.
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China Evergrande Must Be Liquidated, a Judge Said. What Happens Next?
The massive property developer epitomized China’s real estate frenzy, and its downfall fueled the market’s downturn.
