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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Why are we talking about the World Cup again?

It’s less than two weeks after Spain won the men’s World Cup, but suddenly the tournament is back in the headlines. This time it’s because of a plan from Fifa’s President Gianni Infantino to sell a stake in their tournaments to private investors. Infantino says it’s a chance to “ ...  Show more

Why is everyone ditching alcohol?

You might have heard Gen Z being called the “sober generation” - the data suggests that we’re less likely to drink than older generations, that alcohol-free brands are getting more popular with under-30s and there’s a huge push towards sobriety and wellness culture more generally ...  Show more

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Here's Why China Can’t Sort Out Its Property Market Mess
Here's Why

China’s property market has been in a downward spiral for five years, with little sign of the crisis abating. Even after the collapse of real estate giant Evergrande, values are continuing to plummet. Households in financial distress are being forced to sell properties, and apart ...  Show more

Evergrande and China's property woes
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China's second largest property developer, Evergrande, is at risk of financial collapse, saddled with billions of dollars of debt. It's already defaulted on some bond repayments and has been forced to sell off assets; both Chinese and international investors are worried and Beiji ...  Show more

China's boom changed the world. Now, it faces a slump
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As Canada deals with high inflation and a housing shortage, the world’s second-largest economy is grappling with a nearly opposite reality. China has been booming for over 40 years as Beijing invested heavily to build up the country. But now, demand for housing is sinking amid ov ...  Show more

A Threat to China’s Economy
The Daily

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 ...

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