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.
Category: International Relations
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What the U.S.-China Chip War Means for a Critical American Ally
South Korea’s vital semiconductor sector depends on China. A deadline looms for how it could be affected by U.S. efforts to control China’s tech advance.
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What the U.S.-China Chip War Means for a Critical American Ally
South Korea’s vital semiconductor sector depends on China. A deadline looms for how it could be affected by U.S. efforts to control China’s tech advance.
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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.
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Burner Laptops and Smaller Profits: Firms Portray Their China Challenges
Business groups chronicle the difficult environment inside China for U.S. and European companies navigating confusing regulations and an intensified security focus.
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Can Ghana’s Debt Trap of Crisis and Bailouts Be Stopped?
The government of Ghana is essentially bankrupt, and has turned to the International Monetary Fund for its 17th financial rescue since 1957.
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China’s Import Curbs on Cosmetics Face Pushback in Europe
Cosmetics sales in China are soaring, but a group of exporting nations led by France are pushing Beijing to lift restrictions they say are blocking them unfairly.
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Senate Committee Backs Bill to Deepen U.S. Economic Ties With Taiwan
Legislation to end double taxation between Taiwan and the United States is intended to spur semiconductor investment but is likely to rankle U.S. relations with China.
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Wally Adeyemo, the Deputy Treasury Secretary, to Visit Nigeria
Wally Adeyemo, the highest-ranking member of the African diaspora in the Biden administration, emigrated from Nigeria to the United States as a child.
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European Union Will Investigate Chinese Subsidies of Electric Cars
The European Commission president, Ursula von der Leyen, announced the inquiry amid growing concern about China’s dominance over electric vehicles.