China's Housing Crisis Spills Over to Hong Kong—Major Developers Seek Help to Avoid CollapseChina's real estate crisis deepens, affecting developers like Vanke and spreading to Hong Kong, raising concerns over economic stability.
How Immigration Strengthens the U.S. Labor MarketAmidst global economic slowdown, U.S. economy strengthensIncreased immigrants bolster production, employment, and consumptionDespite various side effects, positive functions are clearLessons for Korea, a country with aging and demographic Cliff While major economies worldwide grapple with long-term high-interest rates and inflation, the U.S. economy continues to boom, with many indicators pointing to continued strength. Economists attribute […]
China's Sinking Cities: 200 Million People at RiskA recent study has revealed that 45% of Chinese cities are sinking by more than 0.12 inches (3mm) annually, putting hundreds of millions of Chinese citizens at risk. BBC reported this on the 19th (local time), citing a paper published in Science. About 50 Chinese scientists jointly wrote the paper. The study, conducted from 2015 […]
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