Home groan: China’s housing-sector crisis

The detainment of King Charles’s brother is almost without precedent in Britain’s long royal history. He denies wrongdoing, but damage to “The Firm” is already assured. Saudi Arabia and the United Arab Emirates have fallen into a very public spat that may have grave implications ...  Show more

Yoon Suk Yeol, South Korea’s ex-president, has been handed a life sentence for insurrection. That is by no means the end of the story of division in the country. Nervous AI-watchers fret about which workers might be replaced; our analysis suggests white-collar workers can breathe ...  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 ...

Paroxysms in the market for gilts—British-government bonds that were once safe-haven assets—<a href="https://www.economist.com/leaders/2022/10/11/liz-truss-has-made-britain-a-riskier-bet-for-bond-investors?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=theintelligenc ...

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 ...