New report to Congress finds Beijing on track to exceed previous projections

Sales surge coincides with People’s Bank of China’s efforts to defend renminbi

Heavily indebted company becomes latest casualty of China’s property crisis

Political will confronts geographical reality as Beijing tries to rely less on foreign farmers

Tech-focused investment bank forced to cut staff as start-ups and investors react negatively to uncertainty

Scrutiny of California VC firm comes amid mounting tension between Washington and Beijing