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In Rapidly Ageing China, Millions Can t Afford to Retire

In Rapidly Ageing China, Millions Can t Afford to Retire
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In rapidly ageing China, millions can t afford to retire

In rapidly ageing China, millions can t afford to retire
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Strained Chinese Cities Struggle to Pay Home Buying Subsidies

Strained Chinese Cities Struggle to Pay Home Buying Subsidies
usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.

Strained Chinese cities struggle to pay home buying subsidies

Amy Wang was counting on a 100,000 yuan ($13,800) subsidy promised by authorities in the eastern Chinese city of Weifang to fit and furnish an apartment she bought two years ago. "I feel under a lot of pressure," said Wang, who works in electronics manufacturing, and bought the bare shell of her apartment, without floors, interior walls or other fittings - which is common in China. Weifang, with a population of more than 9 million and an economy larger than Croatia's, and dozens of other Chinese cities, have promised subsidies and other incentives to homebuyers to prop up the ailing property sector.

Low Price Is the Word at China s Largest Trade Show

Low Price Is the Word at China s Largest Trade Show
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