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Can the IMF solve the poor world’s debt crisis?

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It is now four years since the first poor countries were plunged into default because of spiralling costs from covid-19 spending and investors...

China’s better economic growth hides reasons to worry

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When China’s leaders set an economic-growth target of “around” 5% for this year, the goal was widely agreed to be ambitious. Now the...

What China’s central bank and Costco shoppers have in common

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Hint: it is not a fondness for cryptocurrencies

China’s state is eating the private property market

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At an upmarket housing development in Wuhan, sales agents want to make clear that their state-owned firm has severed all its ties to...

Would America dare to bring down a Chinese bank?

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If any politician has the demeanour to ease tensions with Beijing, it is Janet Yellen. America’s treasury secretary comes across as a twinkly...

How Xi Jinping plans to overtake America

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Last year Xi Jinping, China’s president, paid a visit to Heilongjiang in the country’s north-east. This province, part of the industrial rustbelt, exemplifies...

China’s banks have a bad-debt problem

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Bank of Jiujiang, a mid-tier lender from a southern Chinese river town, imparted some bad news on March 19th. In a rare disclosure,...

How China, Russia and Iran are forging closer ties

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Vladimir Putin, Russia’s president, and Ebrahim Raisi, his Iranian counterpart, have several things in common. Both belong to a tiny group of leaders...

China’s economic bright spots provide a warning

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What a visit to an optimistic port reveals

China is churning out solar panels—and upsetting sand markets

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Sand is everywhere. Yet only a certain sort can be used to make the ultra-clear glass required for smartphones and solar panels. It...
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