The Chinese economy is in trouble due to its heavy investment in the real estate sector, which could result in a crash worse than the 2008 U.S. financial crisis, a prominent hedge fund manager says. Kyle Bass, the founder and chief investment officer of Basic Architecture of Chinese Economy Is Broken, Hedge Fund Manager Bass Says
The Chinese economy is in trouble due to its heavy investment in the real estate sector, which could result in a crash worse than the 2008 U.S. financial crisis, a prominent hedge fund manager says. Kyle Bass, the founder and chief investment officer of 
BEIJING/TOKYO—China’s Coast Guard said it patrolled the waters of the Diaoyu Islands on Tuesday—territories in the East China Sea that are claimed by China, Japan, and Taiwan. Japan’s Coast Guard issued a bulletin saying it was repeatedly urging the
Australia should remain unbowed amid ongoing threats from Beijing to cease discussion on human rights and democratic principles, says Liberal Party Senator Paul Scarr. His comments come following the surprise decision by the Chinese Communist Party (CCP) to hand
With Hong Kong’s property prices falling faster than expected in 2023, the issue of negative equity has drawn renewed attention. The number of residential mortgage loans in negative equity in late 2023 has surged to 25,000, a record high in nearly 19