This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact The Epoch Times Reprints.
The sale value of new houses across 70 of China’s largest cities fell by almost 26 percent last month compared to 12 months ago, reducing demand for iron ore.
Structural problems will make what is an already difficult challenge for Beijing all but insolvable in the short run.
The picture of a once-optimistic and enthusiastic Chinese middle class has changed with many now slipping toward poverty—sad for workers, dangerous for the CCP.
Media commentary has enthused over a supposed solution for China’s property crisis. As will soon become apparent, Beijing has no ’solution,' at least not yet.
Fitch allows China to keep its still-high credit rating but, to the finance ministry’s chagrin, downgrades the country’s outlook.
More and more nations across the globe are looking to curtail imports of Chinese products.
Beijing needs an active consumer to drive economic growth, but Chinese households, with reason, don’t want to play along.
Kyle Bass warns that China’s real estate problems could result in a crash worse than the 2008 financial crisis that originated in the United States.
