The time is running out to head off a self-fulfilling property and mortgage debt crisis. Bold action is needed now.
China Pressures Cities as They Scramble to Repair Ailing Property Markets
Local governments have tried to entice home buyers with tax rebates, cash rewards and lower down payments, but to little avail.
China’s Jack Ma Plans to Give Up Control of Ant Group, Dow Jones Says
Billionaire Jack Ma plans to relinquish control of Ant Group Co., Dow Jones reported, citing people familiar with the matter said, part of the fintech giant’s effort to appease regulators following a …
China’s Jack Ma Plans to Give Up Control of Ant Group, Dow Jones Says
Billionaire Jack Ma plans to relinquish control of Ant Group Co., Dow Jones reported, citing people familiar with the matter said, part of the fintech giant’s effort to appease regulators following a …
US Audit Watchdog Says ‘Time Is of the Essence’ in China Talks
The head of the Washington regulator that’s negotiating with Beijing to stave off the delisting of almost 200 Chinese companies from the American stock market is reiterating the US’s tough stance.
US-China relations: Cooperation ‘is over and not coming back anytime soon,’ analyst says
The diplomatic relationship between the U.S. and China continues to falter — and according to one analyst, it’s not going to get better ‘anytime soon.’ …
China says Xi warned Biden not to ‘play with fire’ as tensions mount over Taiwan and a possible Pelosi visit
“Those who play with fire will perish by it. It is hoped that the US will be clear-eyed about this,” a Chinese statement on Xi’s remarks to Biden said.
China’s Xi Tells Biden on Taiwan ‘Those Who Play With Fire Perish By It’
Borrowing a phrase from the White House’s own diplomatic playbook, a readout of their conversation said Xi “hoped that the U.S. will be clear-eyed about this.” …
China backs away from growth goal, sticks to virus controls
China’s leaders effectively acknowledged the struggling economy won’t hit its official 5.5% growth target this year and said Thursday they will try to prop up sagging consumer demand but will stick to …
Why Apple can’t quit China
For close to two decades, Apple and China have been inextricably linked. The world’s most populous country not only accounts for the bulk of Apple’s device manufacturing but also a significant portion …