Keith Bradsher
Posts
More Semiconductors, Less Housing: China’s New Economic Plan
Policymakers, wary of inciting reckless borrowing in real estate, are instead investing heavily in factories and trying to help indebted local governments.
Foxconn, China Contractor for Apple, Said to Be Under Tax Audit
Chinese state media outlets say the Taiwanese factory giant is under investigation in four provinces. The company said it treated legal compliance as a “fundamental...
China’s Economy Grew More Than Expected in the Third Quarter
The government invested heavily in infrastructure, state banks financed factory construction and consumers spent more, but real estate suffered.
What is China’s Belt and Road Initiative and How Is It Changing?
Xi Jinping enhanced China’s sway in the world by lending money for infrastructure. Now he’s collecting debts and rethinking his signature aid initiative.
China’s Economic Stake in the Middle East: Its Thirst for Oil
China is the largest oil importer by far from Saudi Arabia and from Iran, highlighting the risk it faces if the war in Israel and...
Art Auction in Hong Kong Draws Lower Bids Than Expected
A portrait by Amedeo Modigliani sold for less than expected and several artworks went unsold as China’s best-known art investor liquidated part of his collection.
Nio Loses $35,000 a Car. That Should Scare the U.S. and Europe.
Chinese electric vehicle companies like Nio are pulling ever further ahead, partly through government support but also rapid technological advances.
Liu Yiqian, China’s Top Art Collector, Is Selling a Modigliani
Liu Yiqian made global headlines in 2014 and 2015 by paying top prices for paintings and antiquities but is starting to liquidate some of his...
How China’s Property Crisis Is Testing Its Too-Big-to-Fail Banks
Banks hold enormous amounts of real estate debt, and regulators are nervous. But a fast-moving crisis is unlikely because the government has extensive control of...
Slowing, Graying and in Debt, Can China’s Industrial Heartland Be Revived?
China, facing an economic slump, wants to make its industrial northeast more productive, turning to policies that some economists say have outlived their time.