China’s real estate market is hitting new lows despite the country’s growing trade revenue. New home sales in the nation have fallen to their lowest level in more than 15 years and prices for existing ...
The government had set out to slow speculation, kicking off a slowdown in real estate values that is still grinding on with wide economic consequences. A China Evergrande development in Beijing on ...
Falling apartment prices have erased the savings of millions of Chinese households, but exports lifted the economy to 5 percent growth last year. By Keith Bradsher Reporting from Beijing In China, new ...
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