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Posted on January 17, 2023

China’s economy grew 3% in 2022, weighed down by Covid rules and property slump

China reported GDP growth for 2022 that beat expectations as December retail sales came in far better than projected.

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Posted on January 17, 2023

China’s 2022 property investment falls for first time since 1999

China’s property investment fell 10.0% year-on-year in 2022, the first decline since records began in 1999, compared with a decline of 9.8% in the first 11 months of the year, official data showed on …

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Posted on January 17, 2023

China Bad-Debt Firms Plan Property Support of Up to $24 Billion

Chinese financial regulators and the nation’s biggest bad-debt management companies plan to offer as much as 160 billion yuan ($24 billion) of refinancing support to high-quality developers in the …

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Posted on January 17, 2023

China property sector’s drag on economic growth in 2023 lower than 2022

The Chinese property sector’s drag on economic growth will be significantly lower than 2022, and demand for genuine and improved housing is huge, which will effectively support the industry, Kang Yi, …

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Posted on January 17, 2023

China’s growth falls to second-lowest level in decades last year, but is improving

The world’s No. 2 economy grew by 3% in 2022, less than half of the previous year’s 8.1% rate, official data showed Tuesday.

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Posted on January 17, 2023

JPMorgan sees sustained rally in Chinese equities, upgrades property bonds on recovery prospects

China reopening has quickened and has potential to drive a market revaluation, JPMorgan Private Bank says Property bonds get upgraded to neutral after a period of cautious stance, although the housing …

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Posted on January 17, 2023

China records 1st population fall in decades as births drop

China has announced its first population decline in decades as what has been the world’s most populous nation ages and its birthrate plunges.

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Posted on January 17, 2023

China’s Population Falls, Heralding a Demographic Crisis

Deaths outnumbered births last year for the first time in six decades. Experts see major implications for China, its economy and the world.

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Posted on January 17, 2023

China reports economic growth fell to 3% last year under pressure from virus controls, real estate slump

China reports economic growth fell to 3% last year under pressure from virus controls, real estate slump. 24/7 coverage of breaking news and live events …

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Posted on January 16, 2023

Book this, not that: Which far-flung international islands to book with points, which to skip

An overwater bungalow trip to a remote island like the Maldives or Bora Bora is a staple on many travel bucket lists. And luckily, nowadays, there are plenty of ways to enjoy these once-in-a-lifetime …

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