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Biden pressures China on commitments to buy U.S. goods and services

Nov 16, 2021
This is part of the phase one trade deal China signed with the Trump administration. But those goals may have been unrealistic.
President Joe Biden meets with Chinese President Xi Jinping during a virtual summit Monday.
Mandel Ngan/AFP via Getty Images

Evergrande investors in China are worried but holding on

Oct 26, 2021
Evergrande is among the three biggest property developers in China and it seems to have the backing of the Chinese communist party.
Evergrande founder Xu Jiayin overlooking China's communist party 100th birthday celebrations on Beijing's Tiananmen square. This photo was widely circulated in China's business press and boosted the perception that Evergrande is too big to fail.
Screenshot of Sina

Evergrande crisis hits China's investors, homebuyers

Sep 23, 2021
The Chinese property giant Evergrande was known as a risky business operator, but for years investors didn't seem to care — until now.
Evergrande could manage its debt while real estate values climbed, but in many places sales have weakened and regulators have made it harder for developers to borrow.
Charles Zhang/Marketplace

Why is Evergrande shaking markets?

Sep 21, 2021
The Chinese property developer is "potentially representative of a much broader set of problems across China's real estate sector," one expert says.
A woman drives her motorbike at the façade of an Evergrande housing complex in southeastern China on Sept. 16. The company is some $300 billion in debt.
Noel Celis/AFP via Getty Images

Can well-off young women save China's economic recovery?

Sep 13, 2021
Women drive the bulk of household purchasing decisions in China. What do they want to spend their money on?
Finance major Zhou Hui, 19, spends up to $700 a month on clothing and eating out, which the COVID-19 pandemic didn't change.
Charles Zhang/Marketplace

The future of the Hollywood-China romance

Aug 27, 2021
Despite restrictions on imported films in China, Hollywood movies easily topped the Chinese box office for more than two decades. Not anymore.
The Chinese blockbuster "Detective Chinatown 2" was filmed in New York. Movies made in China and other countries have become very competitive with Hollywood offerings in the Chinese market.
Courtesy Mtime

China's economic slowdown hurts other nations too

Jul 15, 2021
China is the world's second-largest economy. Headwinds it encounters also blow globally.
The display shows the level of Hong Kong's Hang Seng stock index during a February trading session. China's economic growth fell in the second quarter but is still high by global standards.
Isaac Lawrence/AFP via Getty Images

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As the CCP celebrates its centennial, how communist is China's economy?

Jul 6, 2021
Starting in 1978, China’s ruling Communist Party has steadily embraced market reforms and transformed the country into the world’s second largest economy. What remains of the Chinese socialist system?
Young Chinese listening to punk music at the MIDI rock music festival in June.
Charles Zhang/Marketplace

EU seeks to raise the drawbridge on companies that get foreign subsidies

May 5, 2021
It's an attempt to gain leverage over China.
European leaders are increasingly worried that China’s state-dominated economic system is threatening companies in their own countries.
Sean Gallup/Getty Images

The human labor behind artificial intelligence

May 4, 2021
Behind every artificial intelligence project is lot of intensive human labor. Marketplace speaks to data labelers in central China.
Data labeling firms like this one in Henan province are the new factory floor of the digital age.
Charles Zhang/Marketplace