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China’s once-booming real estate sector now stands on the precipice of an unprecedented crisis, exacerbated by a troubling demographic trend: a dwindling population. The potential implications of this trend are staggering, as Goldman Sachs underscores that new demand for homes in urban areas could plunge to under 5 million units annually—merely one-quarter of the staggering
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In an electrifying development shedding light on the complexities of international trade, Tesla, the pioneering manufacturer of electric vehicles and energy storage solutions, has entered the Chinese market with an audacious plan. The company recently announced its first deal to construct a grid-scale battery power plant in Shanghai, valued at a staggering 4 billion yuan,
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