User banner image
User avatar
  • Alexandra Stevenson and Cao Li

Posts

Xu Jiayin, chairman of Chinese developer Evergrande, resigns

News of Xu Jiayin’s departure sent Evergrande’s shares tumbling and was another sign of Beijing’s efforts to rein in corporate debt.

Evergrande Went From China’s Biggest Developer to One of Its Worst Debtors

Regulators want to fix the property sector’s bad habit of borrowing too much. Evergrande, with its billions of dollars in debt, may stand in the...

China's Parents Say For-Profit Tutoring Ban Helps Only the Rich

Many families and experts say Beijing’s education overhaul will help the rich and make the system even more competitive for those who can barely afford...