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The crisis in China’s property market is severe enough for the government to show willingness to tackle the backlog of uncompleted pre-sold projects. While this is cheering news for many, uncertainty over the timing, scale and source of the funding remains.
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Rating firm keeps A+ rating, sees more borrowing amid slowdown
(Bloomberg) -- Taiwan’s exports surged at the fastest pace in two years as shipments of computer hardware underpinning the global artificial-intelligence boom rocketed more than 400%.Most Read from BloombergUS Sees Imminent Missile Strike on Israel by Iran, ProxiesVietnam Tycoon Lan Sentenced to Death Over $12 Billion FraudUS Slams Strikes on Russia Oil Refineries as Risk to Oil MarketsRussia Destroys Largest Power Plant in Ukraine’s Kyiv RegionChinese Cement Maker Halted After 99% Crash in 15 M