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  2. China’s housing market struggle will weigh on global growth

    www.aol.com/china-housing-market-struggle-weigh...

    The persistent weakness in the housing market is hobbling China’s economic recovery. The country’s gross domestic product expanded by a better-than-expected 4.9% in the third quarter ...

  3. Why Chinese Stocks Tencent Holdings, Baidu, and Futu Holdings ...

    www.aol.com/why-chinese-stocks-tencent-holdings...

    China's downturn has been the result of the long "zero-COVID" lockdowns, the clampdown on the country's biggest tech companies, difficulties with foreign capital to get money in and out of the ...

  4. Real estate in China - Wikipedia

    en.wikipedia.org/wiki/Real_estate_in_China

    The real estate market began to develop in earnest after 1998. [6]: 64 As of 2010, China's real estate market is the largest in the world. [7] [8] According to Bloomberg Economics estimates, the sector contributed to about 20% of China's GDP in 2023, [9] down from a peak of 24% in 2018. [10]

  5. China considers local government purchases of unsold homes ...

    www.aol.com/news/china-considers-government...

    (Reuters) -China is considering a plan for local governments nationwide to buy millions of unsold homes, Bloomberg News said on Wednesday, after a meeting of leaders of the ruling Communist Party ...

  6. Housing in China - Wikipedia

    en.wikipedia.org/wiki/Housing_in_China

    By 2014, Chinese builders have added 100 billion square feet of housing space in China, equating to 74 square feet per person. Construction of urban housing was a major undertaking. The country has shown a major shift in allocating funds and resources to housing their people, building over 5.5 million apartments between the years of 2003 and ...

  7. Chinese property sector crisis (2020–present) - Wikipedia

    en.wikipedia.org/wiki/Chinese_property_sector...

    Ni Hong, China's minister of housing and urban-rural development. In response to the property crisis, in March 2024, China's minister of housing and urban-rural development Ni Hong said at a press conference that real estate developers must go bankrupt if necessary "in accordance with the law or market principles." [110]

  8. Return to the '70s? Today's housing market has echoes ... - AOL

    www.aol.com/finance/return-70s-todays-housing...

    A housing supply gap of 6.5 million homes. At its root, inflation is a result of an imbalance of supply and demand. In the housing market, weak inventory was a problem that existed prior to the ...

  9. Yahoo Finance - Wikipedia

    en.wikipedia.org/wiki/Yahoo_Finance

    Yahoo Finance is a media property that is part of the Yahoo network. It provides financial news, data and commentary including stock quotes, press releases, financial reports, and original content. It also offers some online tools for personal finance management.

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