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Foreclosures in China Soar, Threatening to Choke Off Bank Profits

Banking and Financial Institutions China Economic Conditions and Trends Foreclosures Mortgages Qingdao (China) Real Estate and Housing (Residential)

Foreclosures in China Soar, Threatening to Choke Off Bank Profits

When the housing market was flying high, mortgage defaults were almost nonexistent. But now the legal system is struggling to keep up with evictions.

By Keith Bradsher

Why China’s Young People Are Not Getting Married

China Dating and Relationships Hangzhou (China) Layoffs and Job Reductions Marriages Population Qingdao (China) Single Persons Youth

Why China’s Young People Are Not Getting Married

Marriages in China are at a record low. Recent political and economic turmoil have added another reason to postpone tying the knot.

By Nicole Hong and Zixu Wang