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Why Wall Street Backs China Despite Beijing’s Tighter Grip

This year has been unsettling for Chinese business. The ruling Communist Party has gone after the private sector industry by industry. The stock markets have taken a huge hit. The […]




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China Evergrande’s Shares Are Halted as Doubts Swirl

Shares of China Evergrande were halted on Hong Kong’s stock exchange on Monday as doubts swirled over whether the struggling property giant would be able to meet its immense financial […]




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A Strange Voice on the Phone

Angela Merkel’s party comes up short in Germany. In yesterday’s election, the center-left Social Democratic Party led by Olaf Scholz won 1.6 percentage points more of the vote than Merkel’s […]




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Business groups are divided as China seeks self-reliance.

China’s push for self-sufficiency in a wide range of industries is dividing foreign companies, with some welcoming it as another chance to invest there while others worry that it will […]




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Why Evergrande’s Debt Problems Threaten China

Every once in a while a company grows so big and messy that governments fear what would happen to the broader economy if it were to fail. In China, Evergrande, […]




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Private Equity Firms All Want the Same Thing: U.K. Companies

Among the unhappy shareholders was Rupert Krefting, head of corporate finance and stewardship at M&G, which manages £370 billion and owns just over 1 percent of the company’s shares. He […]




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China Moves Against Education Companies, Causing Shares to Plunge

Chinese regulators on Monday banned tutoring companies from making profits, a move that sent their shares plummeting, erasing tens of billions of dollars from the value of the country’s once […]




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Global Tax Overhaul Gains Steam as G20 Backs New Levies

Absent unanimous approval among the members of the European Union, an accord would stall. Establishing a minimum tax would require an E.U. directive, and directives require backing by all 28 […]




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Amazon Battles Mukesh Ambani for India’s E-Commerce Future

Indian officials have kept silent about Amazon’s fight with Reliance, but they have pressured the American company on other fronts. The Reserve Bank of India and the Enforcement Directorate, India’s […]