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 overbuilding and developers mired in debt, and consumer prices have recently fall ... Show More
Nov 20
The ‘sniper tourists’ of Sarajevo
<p>For decades there have been allegations that wealthy foreigners traveled into the Bosnian war, during the siege of Sarajevo, to shoot at besieged civilians for sport. That accusation is now the subject of an investigation by the public prosecutor's office in Milan, Italy.</p>< ... Show More
31m 38s
Jul 2023
China’s Economic Rebound Hits a Wall
<p>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.</p><p>Daisuke Wakabayashi, an Asia business correspondent for The Times, ... Show More
22m 59s
Aug 2023
Drum Tower: Hey, big spenders
The end of China’s zero-covid restrictions was meant to revitalise its economy. But the rebound has fizzled, resulting in weak growth and deflation. Chinese consumers are not spending—and that is a problem for policymakers.
David Rennie, The Economist’s Beijing bureau chief, and ... Show More
32m 54s