weak economy

New Business

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

China’s retail subsidy drives reluctant consumers to go on Lunar New Year shopping spree

Beijing’s generous subsidies to boost consumption are having the desired effect, as consumers seized the opportunity to replace a range…

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