Elon Musk has officially established the “America Party,” marking a significant shift in the U.S. …
Read More »China’s efforts to rescue its property market fail as prices keep plunging
Prices for new homes in China experienced their most significant decline in nearly a decade last month, indicating that Beijing’s ambitious real estate rescue efforts have not yet succeeded in stimulating demand. Data from the National Bureau of Statistics (NBS) on Monday revealed that prices in 70 major cities fell by 0.7% in May compared to April. This represents the …
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