One measure enables local governments to repurchase land from ailing developers; another could see state-owned firms buying vacant apartments.
Greater China
The International Monetary Fund says Washington would be ‘better served by maintaining open trade policies.’
The Russian president is in China to mark the 75th anniversary of diplomatic ties between Moscow and Beijing.
The new policy allows international cruise passengers to travel in parts of China for up to 15 days, provided they are in a tour group.
President Biden’s populist China-bashing move comes as he seeks reelection against an embattled Donald Trump.
The Russian leader’s visit will involve meetings with President Xi Jinping and Premier Li Qiang, and underscores the ‘no limits’ partnership between the two countries.
Imposts on Chinese-made electric vehicles as high as 100 percent are expected to be announced today, with all eyes on how Beijing will react.
A third straight month of consumer price increases has created optimism but a sluggish manufacturing sector and housing crisis remain major hurdles.
The country’s exports defied experts’ predictions and grew by 1.5 percent in April, when compared with the same month last year.