The action by the People’s Bank of China, the central bank, the latest in a series of steps to try to spur lending, was more modest than expected.
Tag: Real Estate and Housing (Residential)
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China Faces a Crisis in Its Real Estate Sector
Beijing wanted to cool its housing market, but created a bigger problem, as the fallout from debt-laden developers and sinking sales spreads to the broader economy.
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In China, Artists Create Miniature Homes From Memories
China’s rapid economic growth has meant the demolition of countless rural homes, and a burgeoning nostalgia. That’s where the miniaturists come in.
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‘Splash Spots’ Reinvent the Hydrant Spray Cap and Save Water
A staple of summer in the city lets children have fun without depleting firefighters’ water supply.
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In China, More Single Female Home Buyers, Resisting Sexist Norms
The housing market in China is in turmoil. But more and more women, facing a less equal society, are buying their own homes in search of security.