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Moody’s surprise downgrade of China’s credit outlook this week has reinforced concerns that the crisis in the country’s real estate market is spilling over into the wider economy.
The same day, official figures showed real estate output in China was down 1.6% in the third quarter year on year, the first time it has been negative since the start of the pandemic. [ 43 ] On 20 October 2021, the National Bureau of Statistics of China published data indicating that home prices had fallen month-on-month for the first time ...
Core-and-veneer, brick and rubble, wall and rubble, ashlar and rubble, and emplekton all refer to a building technique where two parallel walls are constructed and the core between them is filled with rubble or other infill, creating one thick wall. [1] Originally, and in later poorly constructed walls, the rubble was not consolidated.
China's housing bubble may be ready to pop if the government doesn't take measures to prevent it, some economists are saying. The impact on China's economy could be devastating and permanent, much ...
China Uncensored is a YouTube commentary channel focusing on political issues in China with elements of humor and irony. The show opposes the Chinese Communist Party (CCP). American pundit Chris Chappell is the host of the series.
China's economy showed more signs of reviving in October as retail sales and manufacturing picked up though the property sector remained sluggish, the government said Wednesday. Factory output ...
The Biden administration is reportedly spending their final weeks quietly clearing away unused southern border wall materials to put up for auction — a move characterized by some lawmakers as an ...
Yongtai Fortress is a village and historical fortress town in Sitan Township, Jingtai County, Baiyin City, Gansu, China. [1] [2] [3] Built in 1608 by the Ming dynasty rulers to defend against attacks from northern minorities, it stationed 2000 infantrymen and 500 cavalry units. [4] The entire fort is enclosed by a rammed earth wall including ...