China’s property market crisis: Homeowners forced to live in unfinished apartments
28 September 2022 | 10:49 am
The condition that home buyers across China has been so dire that, they started collective disobedience in June, threatening to halt mortgage payments if the construction did not resume. Till July, homebuyers in 80 Chinese cities had refused to pay their mortgages, affecting the future of over 200 projects.
Sri Lanka has granted permission for the Chinese space-tracking vessel Yuan Wang 5 to dock at a port that China runs. The Hambantota port is the southernmost in Sri Lanka and has raised the concern of India.
The Chinese military responded to US House Speaker Nancy Pelosi's visit to Taiwan by launching a series of drills after she left. The drills have not just caused political tensions. They have also impacted everyday life along the Taiwanese shoreline.
President Tsai Ing-wen has met with a five-member delegation of US Congress which arrived on the island less than two weeks after US House Speaker Nancy Pelosi's visit.
Museums in Taiwan are working on plans to save their most important collections in the event of a Chinese invasion. Some have even begun wartime response exercises.
Estonia, Latvia and Lithuania are no longer part of China’s 16+1 Central and Eastern Europe cooperation group. Lithuania is also edging closer to Taiwan as tensions with China escalate.
Unprecedented drought levels in the Yangtze River have increased pressure on hydroelectric power plants, which supply energy to key economic zones of the country.
US Senator Marsha Blackburn met with Taiwanese President Tsai Ing-wen, expressing support for the island. She arrived after visiting Fiji, the Solomon Islands and Papua New Guinea.
Following several weeks of power cuts that hit large industrial producers, power has started to return to normal. A record-breaking heat wave and drought are to blame for the crisis.
The scandal drew national attention in China and protests by disgruntled customers in July were violently quashed. Authorities in Henan now say they have arrested 234 people and made progress recovering the funds.
A leaked draft of a newly inked security deal between the Solomon Islands and China suggests China could deploy troops to the islands or even build a military base there. Australian Prime Minister Scott Morrison has called that a 'red line.'
Just 5 km from China's coastline, the sheer scale of the threat Beijing poses to the self-ruling island can be sensed. DW reports from the region amid rising tensions and military maneuvers
A long-delayed report by the UN's Human Rights Office on China's treatment of Uyghurs cited what it called 'credible' allegations of torture and other rights violations. Beijing opposed the release of the report and has denied the accusations.
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