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China property crisis: UBS predicts 2.4 million foreclosures by 2027 as loan defaults rise

Mainland China’s falling property prices and a weak economy could lead to rising loan defaults, adding to a surfeit of…

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New Business

Why is Shenzhen adjusting China’s first pilot personal bankruptcy scheme?

The southern Chinese tech hub of Shenzhen plans to introduce a stricter supervisory mechanism for debtors who apply for personal…

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New Business

Explainer | What is actually in China’s new plan to boost consumer spending?

The top organs of the Chinese government and the ruling Communist Party jointly released a 30-point plan to boost domestic…

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