After a fierce rally largely propelled by a handful of tech stocks, the market’s rapid climb stalled in August. That setback could ultimately be a good thing, our columnist says.
The N.B.A. superstar has grand ambitions, as a businessman and basketball player. “I don’t want to be 20 years on the same team and don’t win another championship,” he said.
Beijing has often addressed economic troubles by boosting spending on infrastructure and real estate, but now heavy debt loads make that a hard playbook to follow.