More Semiconductors, Less Housing: China’s New Economic Plan
Posted inChina China Economy Economic Conditions and Trends Factories and Manufacturing Foreign Investments International Trade and World Market National Development and Reform Commission (China) People's Bank of China Politics and Government Real Estate and Housing (Residential)

More Semiconductors, Less Housing: China’s New Economic Plan

Policymakers, wary of inciting reckless borrowing in real estate, are instead investing heavily in factories and trying to help indebted local governments.
How China’s Property Crisis Is Testing Its Too-Big-to-Fail Banks
Posted inBanking and Financial Institutions Beijing (China) China China Evergrande Group chinese economy Foreign Investments International Relations Liu He (1952- ) People's Bank of China Politics and Government Shanghai (China)

How China’s Property Crisis Is Testing Its Too-Big-to-Fail Banks

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.