A Chinese property owner implodes, and in short order the shares of American social media and auction companies are tumbling. The chain reaction may say more about the extreme altitude of global risk assets than it does about economic contagion.  While ...

How far will President Xi Jinping go with his crackdown on China’s real estate sector? The question has suddenly become an urgent one for trading desks around the world. After months of treating the crisis at indebted developer China Evergrande ...