Country Garden, a Chinese real estate giant, has lost billions of dollars and racked up $200 billion in unpaid bills. It’s on the hook to deliver, by one estimate, nearly […]
Foreign Investments
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Back to news homeChina’s Economy Battles Debt, Slowing Trade and Specter of Deflation
For more than a quarter-century, China has been synonymous with relentless development and upward mobility. As its 1.4 billion people gained an appetite for the wares of the world — […]
Country Garden’s Stock Plunges After Report of Huge Losses
It was considered the gold standard in China’s increasingly shaky housing market. Now investors are treating Country Garden, the giant developer, like a ticking time bomb.The company, China’s last major […]
Biden Orders Ban on New Investments in China’s Sensitive High-Tech Industries
President Biden escalated his confrontation with China on Wednesday by signing an executive order banning new American investment in key technology industries that could be used to enhance Beijing’s military […]
Deflation Becomes a Threat to China’s Economy
The United States has spent much of the past 18 months struggling to control inflation. China is experiencing the opposite problem: People and businesses are not spending, pushing the economy […]
Biden to Restrict Investments in China, Citing National Security Threats
The Biden administration plans on Wednesday to issue new restrictions on American investments in certain advanced industries in China, according to people familiar with the deliberations, a move that supporters […]
Country Garden Is Latest Chinese Real Estate Giant in Trouble
Remember China Evergrande, that Chinese real estate behemoth whose mountain of debt sent global markets spiraling in 2021? Its collapse signaled the start of a crisis for China’s housing market, […]
China’s Government Offers Love, but Entrepreneurs Aren’t Buying It
In the darkest moments of the financial crisis in 2008, former Chinese Premier Wen Jiabao lectured a group of U.S. government officials and business executives in New York. “In the […]
China’s Second-Quarter G.D.P. Shows Post-Covid Rebound Faltered
Because of the huge impact of the closure of Shanghai, which has 25 million people, comparing this spring and last spring provides “a misleading picture of China’s economic performance,” said […]
Uruguay Saw Opportunity in China. It Got Schooled in the Hazards of Trade.
Word that Uruguay was seeking a trade deal with China prompted exultation at El Álamo ranch, a lush expanse of grass punctuated by cactus and herds of cattle on the […]