The Slowdown in China's Housing and Real Estate Market

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The housing and real estate market is a huge component of China's economic growth. Not enough people are buying homes, prices in many cities across the country are still slowly going down. And local governments aren't really selling enough land either. At first, we didn't really see much of a reaction from the government. But very recently, we have seen signals that it's going to take action.

This week’s court battle involving Microsoft and Activision, giants of tech and gaming, reflects a sea change under way in America’s trustbusting machinery; it may not go as far as the top competition cop might like. A boom in China’s post-pandemic economy now seems to be sputtering (11:29). And a paean to the Tayto crisp—cheese-and-onion flavour, naturally (18:29).

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