More China

Four Wall Street Journal articles cover different aspects of the same decline.

The outgoing head of Hong Kong's securities regulator warned investors against rushing headlong to buy shares in Chinese companies, calling China "the new dot-com" of the investment world.

Hedge-fund titan John Paulson is hardly alone in his wager on a Chinese company whose stock lately has swooned. Several other prominent money managers, including mutual-fund giants that invest individuals' money, made similar bets on stocks now struggling.

After years of housing prices gone wild, China's property bubble is starting to deflate.

When global growth fell off a cliff in 2008, China's huge monetary stimulus was part of the rescue package. But with the recovery now losing some steam around the world, investors shouldn't expect a repeat performance. The inflationary costs of that stimulus still mean China's ability to act is constrained.