Collapse of China's Real Estate: How State-Owned Banks and Government Policies Are Shaking Up EverythingChinese companies rarely go bankrupt. However, primarily, real estate firms frequently face bankruptcy.
Gimpo Apartment Complex Adjusts Height for Move-In Amid Violation AllegationsViolated apartment height limitReconstructed upper part of the apartment for move-inPolice investigate the construction company and supervisory team An apartment complex in Gimpo, Gyeonggi-do, has been reported to have started moving in residents after completing reconstruction, despite not receiving completion and use approval due to violation of height limit. The construction company seems to be […]
Homeless Man Revealed as Wealthy Property Owner A man who rummages through garbage cans for food is actually a secret millionaire who owns nine houses... The Sun, a popular British media outlet, introduced the story of an 80-year-old man from Germany...
China's Real Estate Meltdown Deepens: Massive Tax Evasion Claims Send Shockwaves Asia Today Beijing Correspondent Hong Soondo = China's real estate market, which has been hit hard by a spate of bankruptcies at large players, is set to be hit with yet another blow to the chin...
Shocking Reality of China's Real Estate: Is it Headed for a Meltdown? AsiaToday Hong Soon-do, Beijing Correspondent = China's real estate industry crisis is finally becoming a reality and is expected to be a major factor in deteriorating growth rates. In the worst case scenario, the entire industry could collapse...
Biden-Xi Summit at Filoli: A Historic Mansion Meeting Sets Stage for Diplomatic ProgressU.S. President Joe Biden and Chinese President Xi Jinping met at Filoli Estate near San Francisco for a summit.
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