China Acts to Rescue Failing Real Estate Market Amid Worsening Economic IndicatorsIn 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

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China’s Real Estate Collapse Threatens Regime’s Financial Stability: Expert WarnsTwo 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

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South Korean President Yoon Suk Yeol (R) shakes hands with Japanese Prime Minister Fumio Kishida (L) prior to a bilateral meeting at Presidential Office in Seoul, South Korea on May 26, 2024. (Ahn Young-Joon/Pool/Getty Images)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

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