On a stop in Nigeria, the secretary of state said the U.S. would no longer treat African countries as pawns in a global game. But American competition with Beijing was hard to overlook.
Tag: Foreign Investments
China Evergrande Troubles Spread Through Property Sector
Global markets just weeks ago were fretting over the possible failure of Evergrande. Now the developer says the worst is over, even as other companies show signs of trouble.
Trump Allies Are Prominent at Saudi Investment Conference
But the Biden administration sent only a deputy commerce secretary to the high-profile gathering, amid shifts in global politics and diplomatic strains.
Biden Finds Raising Corporate Tax Rates Easier Abroad Than at Home
As the Group of 20 seals a new global minimum tax for companies, the president has scaled back his plans to tax U.S. corporations more.
I.M.F.’s Executive Board Says Kristalina Georgieva Can Remain
An independent inquiry commissioned by the World Bank had concluded that she played a central role in manipulating data to placate China.
China Evergrande’s Shares Are Halted as Doubts Swirl
The property giant, which cited a pending “major transaction,” owes billions. Investors worry that a collapse could hit broader markets.
Inquiry finds World Bank officials, including now-I.M.F. chief, pushed staff to inflate China data.
An investigation focused on accusations that top World Bank officials pressured the team conducting an annual survey to improve China’s standing.
Russia Doesn’t Send U.S. Investor to Jail but Still Sends a Warning
Michael Calvey had long championed investing in Russia. His conviction on embezzlement charges alarmed business leaders, even if his sentence spared him prison.
Italy’s Mr. Fix-It Tries to Fix the Country’s Troubled Justice System — and Its Politics, Too
The issue has become a test for whether Prime Minister Mario Draghi can really change Italy.
China Moves Against Education Companies, Causing Shares to Plunge
Beijing’s latest regulatory move in the tech sector requires online tutoring firms to become nonprofit institutions.