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Chen Peng wanted a home to attract a wife. Condo projects fraught with financial and legal battles made him wait nearly a decade.
A softening real estate market and the growing popularity of electric vehicles have contributed to a drop in oil consumption.
In this week’s “Make Me Smart” newsletter, we explain why Europe’s highest court ruled Apple owed billions in unfair tax breaks. Plus, we explore ghost towns put up for sale and do the numbers on Chinese adoptions worldwide.
Chinese carmakers can sell affordable EVs because of subsidies, fierce competition, a comprehensive supply chain and cheap labor.
Powerful computer chips are sold in Shenzhen markets despite U.S. restrictions on exports, says Ana Swanson of the New York Times.
Historically, when the economy gets rough, sales of lipstick go up. But for luxury beauty brands, that may not still be the case.
Last spring, the industrial town Zibo became a tourist hot spot because of its unique barbecue. Is that a recipe for healthy budgets?
Why China’s leaders have long delayed tax reforms in the socialist country.
The European Union relies heavily on China for technologies and products needed for the clean energy transition.
Growth is being held back by weak domestic demand and a real estate crisis.