In a potentially landmark policy reversal, China is considering the legalization of yuan-backed stablecoins as part of a new, concerted effort to expand the global […]
Tag: China
China’s Politburo Focuses on Consumer Demand and Real Estate Crisis
Chinese leaders pledged to boost domestic consumer demand and tackle the country’s real estate crisis following a key meeting that laid out next year’s economic priorities.
The Real Estate Crisis Threatening the World’s Second-Largest Economy
China’s property sector, which accounts for a third of its economic output, is facing a severe downturn that could have global repercussions.