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China Dangled Rebates to Lure People to Spend. It’s Not Enough.
Posted inAutomobiles China Consumer Behavior Economic Conditions and Trends Electric and Hybrid Vehicles Factories and Manufacturing Jingdezhen (China) Nanchang (China)

China Dangled Rebates to Lure People to Spend. It’s Not Enough.

China’s leaders vowed to kick-start spending by offering subsidies for households to buy cars and appliances. But many consumers aren’t biting.
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Posted by By Keith Bradsher
Nanchang, Once a Symbol of China’s Growth, Signals a Housing Crisis
Posted inChina Economic Conditions and Trends Nanchang (China) Property Taxes Real Estate and Housing (Residential)

Nanchang, Once a Symbol of China’s Growth, Signals a Housing Crisis

Nanchang’s skyscrapers represented urban transformation, but the city added apartments faster than its population grew. The result: vacant homes and offices.
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Posted by By Daisuke Wakabayashi and Claire Fu

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