Tag: china property crisis
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Exploring the Risks of Deflation in China Amid Economic Slowdown
China is facing the threat of deflation, which many economists consider to be a more perilous situation than high inflation. The concern stems from a pattern of falling consumer prices, prompting fears of a deflationary spiral similar to Japan’s ‘Lost Decade’ in the 1990s. The Chinese government plans to issue special treasury bonds to stimulate…
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Exploring the Aftermath of China’s Real Estate Crisis: A Look Inside Shenyang’s Abandoned Mansions
In a recent exploration of Shenyang City, located in Northeast China, the stark reality of the country’s real estate crisis is brought to light through the lens of abandoned upscale housing projects. The footage reveals numerous unfinished compounds, including the state guest mansions by developer Greenland Group, which ceased construction several years ago despite a…