Hong Kong’s Trophy Homes Are Selling at Fire Sale Prices
Posted inCBRE Group Inc China Economic Conditions and Trends High Net Worth Individuals Hong Kong Interest Rates Luxury Goods and Services Real Estate and Housing (Residential) S&P Global Inc

Hong Kong’s Trophy Homes Are Selling at Fire Sale Prices

China’s economic downturn has not been kind to the ultrarich who made their wealth on its rise. In their haste to cough up cash, Hong Kong’s luxury property market has had some fire sales.
As Trump Threatens a Wider Trade War, the U.S. Confronts a Changed China
Posted inChina Communist Party of Vietnam Customs (Tariff) Economic Conditions and Trends Electric and Hybrid Vehicles Factories and Manufacturing International Trade and World Market Protectionism (Trade) Trump, Donald J United States United States International Relations Xi Jinping

As Trump Threatens a Wider Trade War, the U.S. Confronts a Changed China

The Chinese economy is more dependent on exports, making tariffs more potent, yet it’s less reliant on American markets and increasingly bent on self-sufficiency.
Trump’s Win Shows Limits of Biden’s Industrial Policy
Posted inAmerican Jobs Plan (2021) American Rescue Plan (2021) Biden, Joseph R Jr Economic Conditions and Trends Factories and Manufacturing Georgia Inflation (Economics) Infrastructure (Public Works) Johnson, Mike (1972- ) Law and Legislation Michigan Presidential Election of 2024 Tax Credits, Deductions and Exemptions Trump, Donald J United States Economy United States Politics and Government

Trump’s Win Shows Limits of Biden’s Industrial Policy

Long-term economic investments in domestic manufacturing were overshadowed by real-time anxiety over rent and grocery prices.