AFP China’s wall of cotton is coming down. Once the world’s biggest grower of the crop, the country lost that crown to India in the season that just ended in July after depressed prices discouraged plantings. China’s sowings are set to drop again in the 12 months that started on Aug. 1, with harvested acres poised for the lowest ...

  Bloomberg British Columbia’s decision to impose a 15 percent tax on foreign buyers to cool Vancouver’s scorching housing market is poised to derail more than 400 deals worth millions of dollars and may prompt calls for legal action. At least 427 deals are likely to collapse due to the new measure, according to Dan Morrison, president of the Real ...

  Bloomberg Even in the pre-crash era, when real estate prices were surging, nine-figure deals for properties seemed outlandish. Then beginning in 2015, with ultra-luxury sales on the decline and homes in the seven and eight figures languishing on the market for twice as long as the year before, as well as undergoing price cuts, their existence seemed futile. Yet, ...