After a year on the sidelines, Beijing this week took steps to get hundreds of billions of dollars into the hands of the country’s flailing real estate developers.
Category: Shanghai (China)
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China Is Finally Trying to Fix Its Housing Crisis
The New York Times – Business: -
Outbreaks Test China’s Efforts to Limit the Cost of ‘Zero Covid’
The New York Times – Business:China wants to fine-tune its stringent pandemic restrictions to reduce the disruption to daily life caused by lockdowns. But officials are still taking few chances.
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China’s Covid-Testing Strategy Comes Under Strain
The New York Times – Business:Bills are piling up and infections are spreading, yet there are no signs that Beijing plans to rethink a cornerstone of its pandemic policy.