Zhiyong Yang's articles BUSINESS & ECONOMICS EDITOR'S PICK How China’s Property Crisis Will Impact Global Tourism Key Takeaway: The COVID-19 pandemic has impacted the Chinese travel industry, with a slow return to global flights due to the country’s struggling real estate sector. China’s largest developer, Country Garden, lost $7.1 billion in the first six months of 2023, and investors are concerned about potential debt default. Local governments heavily rely on tax […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK How China’s Property Crisis Will Impact Global Tourism Key Takeaway: The COVID-19 pandemic has impacted the Chinese travel industry, with a slow return to global flights due to the country’s struggling real estate sector. China’s largest developer, Country Garden, lost $7.1 billion in the first six months of 2023, and investors are concerned about potential debt default. Local governments heavily rely on tax […] Saving Bookmark this article Bookmarked