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  • Alexandra Stevenson

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China Bet It All on Real Estate. Now Its Economy Is Paying the Price.

After relying on a borrow-to-build model for decades, Beijing must make difficult choices about the country’s housing market and economic future.

China Releases Australian Journalist Cheng Lei

Cheng Lei, a host for China’s international broadcaster, was arrested in Beijing at a time of rising tensions with Australia. Her release signals a warming.

China Evergrande Suspends Trading as New Trouble Roils Property Market

The real estate firm halted critical work to settle its debts and investors dumped their stock amid news executives were under suspicion by the authorities.

Hong Kong Says It Calls the Shots, Not Beijing. Investors Are Wary.

Its close ties to Beijing are putting the city, still an international financial hub, in a bind as it lures Western investors to revive its...

China Is Full of Risk For U.S. Companies

Doing business in China, once seen as a can’t-miss opportunity, poses a troubling dilemma: Reasons to stay can be as compelling as the reasons to...

China’s Property Crisis Is Rippling Through the Economy

As a real estate meltdown ripples through the economy, small businesses and workers are owed hundreds of billions of dollars, and new projects have dried...

Country Garden: Why Its Financial Crisis Poses a Risk to China

Country Garden was China’s biggest real estate developer. Now it is staring down default, facing billions of dollars in losses and $200 billion in unpaid...

Country Garden’s Stock Plunges After Report of Huge Losses

Financial troubles at Country Garden, the last real estate giant to avoid default, sparked panic in the markets and angry comments online.

Country Garden Is Latest Property Giant in China to Run Into Trouble

Country Garden, China’s last big property developer to avoid default, has spooked investors after missing key debt payments, rekindling memories of China Evergrande.

China Says It Will Do More to Vaccinate Older People Against Covid

Only 40 percent of those age 80 or older have had booster shots. Officials said they will go door-to-door and bring vaccines to nursing homes...