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☆ China's new home prices fall for first time this year, dimming economic outlook
▼ + stars: | 2023-08-16 | by ( ) www.reuters.com time to read: +3 min

The 0.2% fall month-on-month came after June's flat reading, according to Reuters calculations based on National Bureau of Statistics (NBS) data. The decline in home prices comes amid a worsening debt crisis at major developers, sliding property investment and home sales. Among 70 cities, 49 saw a fall in new home prices month-on-month in July from 38 cities the previous month. However, most economists expect the downside trend in home sales and prices to persist for while. "Without additional major policy easing and/or fiscal support, property sales and investment may weaken further or stay at the bottom for longer than assumed in our baseline," said Wang.

Persons: Jason Lee, Goldman Sachs, Wang Tao, Wang, Qiaoyi Li, Liangping Gao, Ryan Woo, Sam Holmes Organizations: REUTERS, National Bureau of Statistics, Goldman, Asia Economics, China, UBS Investment Bank, Thomson Locations: Wangjing, China, BEIJING, Zhengzhou, Xian, Fuzhou

☆ Great Wall of China: Six sections with beautiful views
▼ + stars: | 2023-04-07 | by ( ) edition.cnn.com time to read: +13 min

Whether you’re planning to visit the Great Wall for the first time or the 50th, the following destinations are sure to make your trip to China even more worthwhile. The juxtaposition of its ruins against the rammed-earth Great Wall makes Bataizi a unique place to spend a morning or afternoon. Laoniuwan (aka the Old Ox Bend Great Wall)Laoniuwan, where the Great Wall and the Yellow River meet. Alex SherrAs the locals say, Laoniuwan is where the Great Wall and the mighty Yellow River shake hands. The piled-stone wall at Dushikou is unique, as many other sections of the Great Wall close to Beijing were constructed using kiln-fired bricks.

Persons: CNN —, I’ve, Alex Sherr, ”, Alex Sherr Mutianyu, you’ll, William Lindesay, Pan, Zuoyun, You’ll, Simatai, Yatou’s, Emperor Jiajing, Lamb Organizations: CNN, Tourism, UNESCO, Northern Barbarians Locations: Beijing, China, Turtle, Gansu, Sitan, Jingtai County, City, Jingtai, Lanzhou, Gansu province, Turtle City, Lanzhou Zhongchuan Airport, it’s, Mutianyu, Jiankou, Xizhazi, Bataizi, Datong, Shanxi province’s, Zuoyun, Zuoyun County, Laoniuwan, Pianguan County, Xinzhou, Shanxi province, Inner Mongolia, marveling, Pianguan, Tangjiazhai, Beijing’s Miyun, Miyun, It’s, Dushikou, Chicheng, Hebei province, Hebei, Liuliqiao

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