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China Bet It All on Real Estate. Now Its Economy Is Paying the Price.

The New York Times: Banking

After relying on a borrow-to-build model for decades, Beijing must make difficult choices about the country’s housing market and economic future.

IT 145
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Why It’s So Hard for China to Fix Its Ailing Economy

The New York Times: Banking

A real estate collapse has made consumers cautious and businesses wary, as China confronts a crisis unlike any other since it opened its economy to the world.

IT 145
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Is Jerome Powell’s Fed Pulling Off a Soft Landing?

The New York Times: Banking

It’s too soon to declare victory, but the economic outlook seems sunnier than it did a year ago, and many economists are predicting a surprising win.

Economics 145
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China’s First Quarter Results Show Growth Propelled by Its Factories

The New York Times: Banking

China’s big bet on manufacturing helped to counteract its housing slowdown in the first three months of the year, but other countries are worried about a flood of Chinese goods.

IT 144
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China Finance and Real Estate Sectors Threaten Economy, I.M.F. Says

The New York Times: Banking

The International Monetary Fund warned of risks from overstretched lenders and developers even as it raised economic growth forecasts for this year and next.

Finance 123
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Russia Raises Interest Rate to 21 Percent, Its Highest in Decades

The New York Times: Banking

Military spending and recruitment are causing the country’s economy to overheat, leaving regulators in a struggle to rein in rising prices.

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Bank of England Holds Rates as U.K. Inflation Rises Amid Economic Uncertainty

The New York Times: Banking

Stubborn inflation, tax rises and high interest rates makes it difficult for many to muster optimism, at least in the short term.