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Alexandra Stevenson
Posts
China’s Property Crisis Is Rippling Through the Economy
As a real estate meltdown ripples through the economy, small businesses and workers are owed hundreds of billions of dollars, and new projects have dried…
Country Garden: Why Its Financial Crisis Poses a Risk to China
Country Garden was China’s biggest real estate developer. Now it is staring down default, facing billions of dollars in losses and $200 billion in unpaid…
Country Garden’s Stock Plunges After Report of Huge Losses
Financial troubles at Country Garden, the last real estate giant to avoid default, sparked panic in the markets and angry comments online.
Country Garden Is Latest Property Giant in China to Run Into Trouble
Country Garden, China’s last big property developer to avoid default, has spooked investors after missing key debt payments, rekindling memories of China Evergrande.
China Says It Will Do More to Vaccinate Older People Against Covid
Only 40 percent of those age 80 or older have had booster shots. Officials said they will go door-to-door and bring vaccines to nursing homes…
China Adjusts Some Pandemic Policies, While Sticking to ‘Zero Covid’
Investors cheered the changes, although officials emphasized that measures “must not be relaxed.”
For Women in China’s Communist Party, It’s Lonely at the Top
Mao’s phrase that “women hold up half the sky,” rings hollow as China’s most powerful female politician readies for retirement with few others in line.
China Gets Its First mRNA Vaccine Approval — in Indonesia
Indonesia has cleared an mRNA Covid-19 vaccine developed by a Chinese company. But those types of shots, considered among the most effective, aren’t yet available…
Can Hong Kong Recover as a Global Metropolis After Pandemic Barriers?
Officials are saying the city will bounce back. But even before 2020, Chinese control was changing Hong Kong’s character and driving people away.
Chinese Canadian Billionaire Sentenced to 13 Years for Financial Crimes
Five years after being grabbed from a Hong Kong hotel, Xiao Jianhua, who came to symbolize China’s corporate excess, also faces a hefty fine, as…
