‘Four decades of rapid growth driven by the real estate sector crashes to an end in China’


For four decades, real estate development accounted for one-third of China’s gross national product (GNP) growth rate. Over the past 15 years, the construction boom, driven by the expansion of…

China economy on Aug.2022


Chinese youth opt out of the rat race in search of personal peace Young people are abandoning demanding careers and ditching consumerism, but the ruling communist party needs them to…