A fifth of China's housing is empty. That's 50 million homes

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Bill introduced to deter China in South China, East China SeasWASHINGTON - Republican Senator Marco Rubio and Democratic Party Senator Ben Cardin on Thursday (May 23) formally reintroduced the South China Sea and East China Sea Sanctions Act, that would 'impose sanctions against Chinese individuals and entities that participate in Beijing's illegitimate activities to aggressively assert its expansive maritime and territorial claims in these disputed regions.'. Read more at straitstimes.com.
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SGX inks pact with Bank of China, CFETS to promote their bond indices outside ChinaTHE Singapore Exchange (SGX) on Wednesday announced that it has signed a strategic cooperation agreement with Bank of China Limited (BOC) and China Foreign Exchange Trade System and National Interbank Funding Center (CFETS) to jointly promote the CFETS-BOC Traded Bond Index and its sub-indices outside of China to international investors. Read more at The Business Times.
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