China is waking up from its property nightmare
One of China's biggest economic nightmares seems to be ending: the savage property crunch. PHOTO: AFP
China's economy has been through a stress test in the past six months with the trade war shredding nerves.
The tensions over tariffs are not over yet. On May 29, US Treasury Secretary Scott Bessent said that ongoing talks had 'stalled' and US President Donald Trump complained that China 'had totally violated' the preliminary agreement to reduce duties reached between the two sides in Geneva on May 12.
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