China’s property market is failing. These are the 3 new growth areas Beijing is focusing on to pull itself out of a tailspin 中国的房地产市场正在衰退。 北京着力摆脱困境的三个新增长领域
China’s economy has been struggling to recover post-pandemic, and its real-estate crisis isn’t helping. President Xi Jinping’s administration is now looking at other industries for growth.