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China Acts to Rescue Failing Real Estate Market Amid Worsening Economic Indicators
In an attempt to halt the continued decline of China’s property market, the Chinese Communist Party (CCP) introduced a support package with three new measures, including the establishment of a 300 billion yuan (US$41.5 billion) fund to purchase unsold China’s Real Estate Collapse Threatens Regime’s Financial Stability: Expert Warns
Two years into China’s real estate crisis, a larger-scale financial crisis is looming in the communist state. China’s vice premier, He Lifeng, recently warned that the country must prevent systemic financial sector risks. U.S.-based Chinese economist Li Chinese, Japanese Leaders Head to Seoul for 1st Trilateral Summit Since 2019
The leaders of China and Japan touched down in Seoul on May 26 to participate in a three-way summit with South Korea’s president. The upcoming three-way meetings came as Japan and South Korea bolstered security and economic ties with the United States in