The real estate sector in China experienced a crisis of confidence on Monday as stocks and bonds dropped to about eight-month lows amid worries about a cash shortage at two of the nation’s largest developers, Country Garden and Dalian Wanda…. Read More ›
Day: July 25, 2023
China Will Intensify Policy Changes Amid A Difficult Recovery
In the midst of a difficult post-COVID recovery, China’s top leaders committed on Monday to increase policy support for the economy, focusing on increasing domestic demand and indicating additional stimulus measures. The second-largest economy in the world expanded at a… Read More ›