Shanghai (China) – Page 6

China’s Economy Grew Last Year, but Strains Lurk Behind the Numbers

Gross domestic product expanded 5.2 percent, as China worked to export more to make up for weak demand, high debt and a steep property contraction at home.

By Keith Bradsher

Careers and Professions China Hotels and Travel Lodgings Labor and Jobs Layoffs and Job Reductions Shanghai (China) Unemployment Youth

For China’s Jobless Young People, Hostels Are the Place to Be

Chinese backpacker hostels offering bunk beds for a few dollars a night have become hubs for the anxiety and ambitions of job-seeking youth.

By Vivian Wang

Art China Collectors and Collections Hong Kong International Trade and World Market Liu Yiqian Museums Real Estate and Housing (Residential) Shanghai (China) Sotheby's

Liu Yiqian, China’s Top Art Collector, Is Selling a Modigliani

Liu Yiqian made global headlines in 2014 and 2015 by paying top prices for paintings and antiquities but is starting to liquidate some of his artworks.

By Keith Bradsher

Banking 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.

By Keith Bradsher

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