Scandal in the wind: Adani’s indictment could hurt Modi
The Intelligence from The Economist
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China's Housing Market Crisis
This chapter examines the deepening challenges in China's housing market due to government interventions aimed at controlling excessive construction and developer debt. It highlights the stark contrast of millions of unsold homes against the necessity for new development to foster economic growth, addressing the failures of local governments to navigate this paradox. The discussion extends to the broader implications for China's economy and the urgency for a shift in growth strategies amidst widespread market instability.
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