According to the IMF’s October update of its World Economic Outlook, China’s economy will grow 5% in 2023, a decrease from an earlier forecast of 5.2%. Future Publishing | Future Publishing | Getty Images China’s old economic model of relying on investments in real estate has “run its course” and the government needs to consider
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In this article 2007-HK Follow your favorite stocksCREATE FREE ACCOUNT Signage at a residential project developed by Country Garden Holdings Co. in Baoding, Hebei province, China, on Tuesday, Aug. 1, 2023. Bloomberg | Bloomberg | Getty Images Chinese real estate developer Country Garden Holdings said it expects it will not be able to make all
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A Harlem townhouse with a “Scandinavian farmhouse” vibe has been price-slashed by $1 million. The three-story home, known as Harlem House, is owned by ’90s Swedish indie pop star Nina Persson, lead singer/lyricist of the Cardigans, and her husband, Nathan Larson, an American songwriter of alternative rock band Shudder to Think. The Cardigans’ superhit “Lovefool”
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Symbotic technology in use at a Walmart facility. Courtesy: Walmart Venture-capital giant Softbank notched a $15 billion-plus gain on its 2016 deal to buy Arm Holdings when the artificial intelligence-enabling semiconductor firm went public last month. But not as many investors know about Softbank’s “other” big AI investment, Wilmington, Mass.-based software and robotics maker Symbotic,
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No timber-clad tower has ever reached so high. Down Under, a cloud-scraping pillar of a building has received the go-ahead from local authorities in Western Australia.  If completed, the structure on South Perth’s Charles Street will be the tallest wooden building in the world.  On Thursday, Perth’s Metro Inner-South Joint Development Assessment Panel gave Grange
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