Home groan: China’s housing-sector crisis

Big oil firms keep one part of their business hush-hush: trading. Amid an almighty oil shock, the majors’ trading arms are raking it in. But competition is mounting. We look at the Trump administration’s messy attempts to regulate frontier AI models, and how that may cost America ...  Show more

Government help was thin on the ground just after the country’s worst quakes in a century. The America-backed regime is thus on literal and figurative shaky ground. A food-delivery robot trial in England represents the future of the service. And why Harlan Coben’s proliferating t ...  Show more

Once again, fears are ripping through the industry—this time starting from a firm once thought too big to fail. In an economy so dependent on housebuilding, that will have <a href="https://www.economist.com/finance-and-economics/2023/08/16/how-bad-could-chinas-property-crisis- ...

Many people think that with inflation and interest-rate rises abating, the worst effects on housing markets might be over. <a href="https://www.economist.com/finance-and-economics/2023/04/02/the-rich-worlds-housing-crunch-is-far-from-over?utm_campaign=a.io&utm_medium=audio.pod ...

The <a href="https://www.economist.com/finance-and-economics/2023/07/13/the-world-is-in-the-grip-of-a-manufacturing-delusion?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=theintelligence&utm_content=discovery.content.anonymous.tr_shownotes_na-na_article&utm_term=sa. ...

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, a sprawling real estate developer, is that company.

Evergrande has the distinction of being the world’s most de ...