China Unveils Broad Stimulus Measures to Revive Economy
China’s central bank announced wide-ranging monetary stimulus and property market measures on Tuesday, aiming to revive an economy facing deflationary pressures and at risk of missing...
Etiket: real estate crisis
China’s Youth Grapple with Unemployment, Giving Rise to ‘Rotten-Tail Kids’
China’s growing youth unemployment crisis has led to the emergence of a new working class, dubbed “rotten-tail kids,” a term echoing the unfinished and deteriorating buildings...