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
Yesterday
A changed Iran emerges from war
This week, after more than a hundred days of fighting, the United States and Iran have reached a preliminary agreement to end the war, set to be signed in Geneva this Friday. This deal is meant to end the fighting, open the Strait of Hormuz and as U.S. President Donald Trump put ... Show More
29m 57s
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