How did 6 million people in China buy homes that don’t exist?

How did 6 million people in China buy homes t...

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Fans react to their team’s World Cup debut

This year’s Fifa World Cup is the biggest yet. The football tournament is being co-hosted by Mexico, Canada and the United States and has a record 48 teams taking part. Four of those teams have qualified for the first time ever: Cape Verde, Curaçao, Jordan and Uzbekistan. In this ...  Show more

Why does President Trump want Iran’s Kharg Island?

On Thursday, US President Donald Trump threatened to take “total control" of Iran's oil and gas markets, and to seize Kharg Island. Just hours later though, he claimed an agreement to end the war with Iran was on the horizon and cancelled a third consecutive night of strikes.Mixe ...  Show more

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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.

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When China suddenly dismantled its lockdowns and other Covid precautions last December, officials in Beijing and many investors expected the economy to spring back to life. It hasn’t worked out that way.

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