China’s home prices have now dropped three months in a row… admits a rapidly slowing economy

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In Unusually Candid Statements, China Admits a Rapidly Slowing Economy

China is slowing rapidly as noted by official statements of ‘threefold pressure’ and a need for stability.

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Chinese Banks To See Doubling of Bad Property Loan Ratio, Warns S&P

Chinese banks could see their bad loan ratio of property loans more than double by the end of 2021 from the middle of the year, S&P Global Ratings said, as headwinds in the Chinese property sector intensified in the second half.

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