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Another Chinese Real Estate Developer Files for Bankruptcy Protection in US Court
According to court documents reviewed by Reuters, yet another Chinese real estate developer has filed...
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Police Detain Evergrande Wealth Management Staff in Latest Blow to Embattled Property Developer
Several employees of Evergrande’s financial subsidiary, Evergrande Wealth Management, have been detained...
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As Biden Touts Economic Successes, Experts Recommend Caution
While recession fears are waning and consumer spending saw a respectable uptick in July, experts are...
From Evergrande to Country Garden: How China’s Property Titans Mirror Broader Economic Woes
As the world's second-largest economy continues to brace against significant stress in its property sector...
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NYC: Number of Airbnb Rentals Set to Plummet As New Rules Come Into Effect
On Sept. 5, the number of Airbnb rentals in the Big Apple is set to plummet after city authorities failed...
Cattle Prices Rising as Livestock Shortage Hits the Market
An anticipated spike in cattle prices is beginning to materialize following a sharp decline in the number...
China Plans 1.5 Trillion in Financing to Prop Up Debt-Swamped Local Governments
Beijing is planning a move to alleviate some of the pressure on debt-laden local governments involving...
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As US Economy Stagnates, 30-year Mortgage Rate Soars
According to S&P Global’s U.S. Composite PMI Index which was released on August 23 and tracks manufacturing...
Workers are seen on a crane above containers at the Yangshan Deep Water Port in Shanghai, China January 13, 2022. (Image: Screenshot / REUTERS)
Data Shows Massive Decline in US-China Trade
News analysis The economies of the United States and China are rapidly decoupling from each other,...