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Top News In Zhongrong Today - Breaking & Trending Today
China’s top officials have pledged to put greater focus on economic growth next year, but the lack of measures to boost consumer demand could make it tough to deliver on that promise. ....
In 2005, the Chinese property bubble started with a boom. Today, nearly 30% of the entire GDP of China comes from the real estate sector which is highest in the world in terms of financial volumes. ....
Moody’s surprise downgrade of China’s credit outlook this week has reinforced concerns that the crisis in the country’s real estate market is spilling over into the wider economy. ....
China's real estate crisis is coming for its massive shadow banks cnnphilippines.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cnnphilippines.com Daily Mail and Mail on Sunday newspapers.
Jason Bedford, a former analyst with Bridgewater and UBS, who predicted the troubles that cascaded through China’s regional banks now has similar warning for the nation’s trust industry. ....