Why It’s So Hard for China to Fix Its Ailing Economy

A real estate collapse has made consumers cautious and businesses wary, as China confronts a crisis unlike any other since it opened its economy to the world. China, Economic Conditions and Trends, Labor and Jobs, Layoffs and Job Reductions, Banking and Financial Institutions, Foreign Investments A real estate collapse has made consumers cautious and businesses wary, as China confronts a crisis unlike any other since it opened its economy to the world. NYT > Business