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With Chinese developer Evergrande set to liquidate, impact may spread beyond investors

Jan 29, 2024
Unwinding the debt-burdened company will likely create large losses among creditors and could trigger some capital flight.
An Evergrande Group residential complex in Beijing. The company has $300 billion in total liabilities.
Greg Baker/AFP via Getty Images

Some struggle economically as China's 20th Communist Party Congress begins

Oct 14, 2022
Under President Xi Jinping, tech and real estate oversight has tightened, while the private tutoring sector has been flattened.
A sign celebrating the Chinese Communist Party's 100th anniversary sits prominently in a commercial center in Shanghai in 2021.
Charles Zhang/Marketplace

Why is modern interior design so gray?

Aug 29, 2022
Amid the rise of HGTV after the real estate meltdown of 2008, investors have remodeled a vast swath of properties to look alike.
The drive to make money from housing, rather than live in it, has entrenched a handful of design tropes that include gray floors and mosaic tiles, observes Amanda Mull of The Atlantic.
kobzev3179/Getty Images