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: Liu He (1952- )
-
China Returns to Davos With Clear Message: We’re Open for Business
The New York Times – Business:Emerging from coronavirus lockdown to a world changed by the war in Ukraine, China sought to convey reassurance about its economic health.
-
Adidas Cuts Ties With Kanye West
The New York Times – Business:The sportswear brand calculates it will incur a $246 million cost for its decision to terminate its partnership with the hip-hop mogul.