GLOBAL financial crash fears are threatening to topple Xi Jinping, while China teeters on the brink of chaos as a result of faltering high-profile companies such as Evergrande.
's property market"unsustainable", saying that its current crisis could be the downfall of the country's ruler. China's property market has been on the downhill since its long housing boom came to an end. The country's real estate market is valued at about $55trillon - twice the size of the market in the US - with annual housing activity accounting for 29 percent of China’s GDP, far above the 10-20 percent seen by most developed nations.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
EU wind and solar push not enough to limit global warming as coal use remains stubborn\n\t\t\tJournalists in 50+ countries follow the constant flow of money made and lost in oil & gas while\n\t\t\ttracking emerging trends and opportunities in the future of energy. Don’t miss our exclusive\n\t\t\tnewsletter, Energy Source.\n\t\t
Read more »
Families face airport chaos as Heathrow staff threaten to strike over half-termUnite union opened a strike ballot for Menzies Aviation workers based at Heathrow Airport in London in a dispute over pay, with any action likely to take place from February 11 meaning half-term getaways could be affected
Read more »
Met Police 'undermining public trust' after changing its mind over partygateLib Dem leader Sir Ed Davey branded the London force’s communication around the incident ‘shocking’ after it faced a chorus of condemnation for its handling of the investigation.
Read more »