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Country Garden: survivor of the real estate bloodbath in China

Country Garden: survivor of the real estate bloodbath in China

On the northwest outskirts of Shanghai, more than a hundred vendors in black suits crowded around a replica of a Country Garden residential development as an enthusiastic instructor gave them tips on how to sell apartments. Behind the glittering showroom of Project Exquisite, workers and cement trucks drove in and out of a vast construction …

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China Circles El Salvador’s Economy As Country Heads For Crypto Plunge

As crypto-Twitter cascaded doomsday memes about the bankruptcy of cryptocurrency exchange FTX and the steep drop in the price of bitcoin, one account remained particularly quiet on the subject. Unlike previous crashes, El Savlador Chairman Nayib Bukele, who made bitcoin legal tender a year ago, did not urge his followers to “buy the dip”. The …

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