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The Latest Breaking News from Dan Wang

Chinese property giant Evergrande delisted from Hong Kong stock market

China Evergrande’s delisting closes a chapter in country’s unprecedented property crisis

The Independent UK

China’s economic data is famously unreliable—and could be a warning if Trump meddles with the Bureau of Labor Statistics

Beijing “is really intolerant of economic instability, and so everything gets smoothed,” says Derek Scissors of the American Enterprise Institute.

Fortune

Why reviving U.S. tech manufacturing is harder than you think

Trump’s wrecking ball to global trade has already proved too fast and too disruptive to encourage companies like Apple to quickly move their production to the U.S.

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

Trump's 'Liberation Day' leaves the world trading system without a leader: 'The era of rules-based globalization and free trade is over'

For decades, the U.S. was at the center of the rules-based trading system, thanks to the WTO and its massive consumer market. No longer.

Fortune

China Waits Anxiously For Economic Plan As Gloom Reigns

Rows and rows of partially inhabited high-rises sprawl into the suburbs of the northern Chinese metropolis of Tianjin, their empty balconies emblematic of a slowing economy that has not kept pace with the country's ambitions.

International Business Times

China’s glut of idle property causes headache for the government

The industry that has traditionally powered about a quarter of GDP has been in a downward spiral that policymakers have struggled to halt

The Guardian - UK

China cracks down on negativity over economy in bid to boost confidence

Record high youth unemployment and struggling property sector are among increasingly sensitive topics

The Guardian - UK

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Google’s A.I. is about to breach a new frontier: Life advice, from a chatbot

In the arms race to create hyper-specialized A.I. tools, there’s profit to be made replicating human relationships.

Fortune

The ‘A.I. premium’ is the secret to outearning your peers, says startup exec who tracks tech salaries and layoffs

A software engineer who has A.I. skills can expect a 12% higher salary than one who doesn’t.

Fortune

Gold bars used to lure Chinese homebuyers amid market slowdown

Property developers struggle to rebuild confidence in housing market after three years of economic pain

The Guardian - UK

As China cracks down on dissent, New York City gives refuge to Tiananmen Square exhibit

Chinese Americans are determined to mark the Tiananmen Square Massacre anniversary as China cracks down on dissent.

ABC News

China’s property crash: ‘a slow-motion financial crisis’

In the first part of a series, the impact of falling house prices is spreading to local government finances and the broader economy

Financial Times

China manufacturing output drops to lowest level in 2 years

The figures come as Beijing doggedly pursues a zero-Covid response leading to lockdown measures in several cities.

People

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