China New Home Sales Drop 33%

[CIA Mole]

China’s Home Sales Drop Most in a Year as Slowdown Worsens

China’s home sales tumbled the most in a year in July, underscoring why policy makers are seeking to address a property slowdown that’s weighing on the economic recovery.

www.bloomberg.com

one would think things after covid lockdowns would improve

but it seems terror feudal xi sticking around is worse than covid

 

[Skull and Bones]

Chinese real estate market has been a huge Ponzi scheme to inflate the economy.