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China’s Property Crisis Is Haunting Its Economy. Here’s One Glimmer of Hope.

Por: MarketWatch Business October 26, 2023

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Li’s services felt the effects of the steady decline in home sales. “I’m normally too busy to handle all my installation requests,” he said. “Some days in August I was working half-days.” The sluggishness of China’s economy this year has lowered expectations so much that last week’s announcement that the economy expanded slightly in September above forecasts seemed like celebratory news among the media and the government. The... + full article



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