Banks Face Big Losses From Bets on Chinese Realty
Now, analysts say, Evergrande has become a symbol of China’s go-go era of investing, when international bankers, private equity deal makers and hedge fund managers rushed here hoping to cash in on the...
View ArticleChina businesswoman gets death sentence for fraud
BEIJING — A Chinese businesswoman was sentenced to death Friday for cheating investors out of $56 million — the latest case in the country's struggle against widespread corruption. more »China...
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China's Videogame Makers Battle Bureaucrats, Pirates
Videogame companies and investors are rushing to tap the promise of China's game market, but many of them are discovering that a slow-moving bureaucracy and rampant piracy remain significant hurdles....
View ArticleWhat's in a Name: If It's 'China,' a Pick-Me-Up
If a broker says "China," do you hear "ka-ching"? Dozens of tiny companies have gotten big stock-market boosts simply by adding the word "China" to their names. While the total dollars at stake are...
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Chinese Weibo users are salivating over Detroit’s bankruptcy
The bad news for Detroiters is that the city’s bankruptcy will likely only deepen the decay of its housing market. That might deter most prospective home buyers. But some look at Detroit’s hard times...
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