What happens when the US debt reaches critical levels?

Tech Insider : Economy

The US debt is skyrocketing to unprecedented levels not seen since World War II. Our investing correspondent explains how we got there and how this looming financial crisis could impact you.

Beijing says property developers in deep trouble must go bankrupt

Tech Insider : Economy, Politics, Economy
People look at model of real estate property at a showroom of Country Garden on August 25, 2019 in Yichang, Hubei Province of China.
Chinese property giant Country Garden, which faces a liquidation petition filed at a Hong Kong court, is the latest real-estate developer under scrutiny.

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Beijing is unlikely to rescue Evergrande's offshore creditors because it could make things worse at home

Tech Insider : Politics
A man walks past an Evergrande Group residential complex called Evergrande Palace in Beijing on January 29, 2024.
A man walks past an Evergrande Group residential complex called Evergrande Palace in Beijing on January 29, 2024.

Greg Baker/AFP/Getty Images

The founder of Evergrande just lost 2 Hong Kong mansions collectively valued at $200 million to a creditor

Tech Insider : Economy
Evergrande founder and chairman Hui Ka Yan
Evergrande founder and chairman, Hui Ka Yan.

Nora Tam/South China Morning Post/Getty Images

China's property crisis just keeps getting worse — property giant Country Garden just warned it may default on its debt

Tech Insider : Economy
A residential area of Country Garden in Nanjing, Jiangsu province, China.
Country Garden is among China's largest real-estate developers.

CFOTO/Future Publishing/Getty Images

5 ways China's trying to get people to have more babies — from cash incentives to cracking down on the 'bride price'

Tech Insider : Economy, Politics, Economy
Two young moms hug their babies walking on the street in Lijiang, Yunnan, China.
China's birth rate is falling.

Zhang Peng/LightRocket/Getty Images

Trading in China Evergrande shares suspended again just a month after they returned from a 17-month hiatus

Tech Insider
Aerial photo shows a residential area of Evergrande in Nanjing, East China's Jiangsu province, Aug 28, 2023. On August 28, 2023.
Aerial photo shows a residential area of Evergrande in Nanjing, East China's Jiangsu province, Aug 28, 2023. On August 28, 2023.

Costfoto/NurPhoto/Getty Images

China's property crisis could take up to a decade to fix, warns an economist who was censored for his bearish views on the economy

Tech Insider : Economy, Economy
Aerial photo taken on September 15, 2023 shows a commercial residential property under construction in Qingzhou City in August.
There's a major oversupply problem in China's property market.

NurPhotoCostfoto/NurPhoto via Getty Images

Evergrande stocks have tanked 27% this week, suggesting the worst is far from over for China's property sector

Tech Insider
Aerial photo taken on August 29, 2023, 2019 shows the Evergrande Yuelongtai residential complex in Longgang District, Nanning City, Guangxi Zhuang Autonomous region.
China's property market is mired in a crisis.

Costfoto/NurPhoto/Getty Images

A former Chinese official is telling property developers to 'transform' their businesses as there are more than enough empty homes to house all of China

Tech Insider : Economy
Local residents look at a model of a Poly Real Estate Group housing project at a real estate showroom on May 25, 2023 in Sanya, Hainan Province of China.
A real-estate showroom in China.

VCG/Getty Images

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