The real estate sector bubble and the unemployment crisis are two obstacles facing the Chinese economy

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The real estate sector bubble and the unemployment crisis are two obstacles facing the Chinese economy

Tianjin (China) - AFP: There are rows of half-empty residential towers amid desolate streets in Tianjin in northern China, in a clear indication of the real estate crisis amid a slowdown in activity in the second largest economic power in the world. A year and a half after the lifting of health restrictions that restricted the economy during the Corona pandemic, the real estate market remains an obstacle to recovery. It contributes [...]