Earlier this year, a phrase ricocheted across Chinese social media platforms, encapsulating a fear that has long simmered ...
China’s property crisis is expected to worsen as new home sales plummet and indebted developers struggle to find funds to complete projects. WSJ’s Jonathan Cheng traveled to an abandoned “ghost town” ...
China’s economy is unraveling right before our very eyes. The 10-year government bond yield just tanked below 1.60% for the first time ever, sending a clear message: this is no ordinary slowdown.
Go to college, find a job, buy a house, get married: For decades, homeownership has been seen as an essential part of life in China. Based on that long-standing truth, analysts are forecasting ...
THE FORECLOSURE and court auction of 87 flats in the southern city of Changsha last month underlines many of the problems with China’s property sector. The homes were owned by one woman, flouting the ...
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China has experienced decades of sustained economic growth – “the most impressive economic miracle of any economy in history” – but is it coming to an end? A prolonged downturn would have major ...