BEIJING – China’s protracted real estate slump is wiping out middle-class household wealth, driving consumer confidence to historic lows, and freezing everyday retail spending nationwide. Families across major urban centers now hoard cash in state banks instead of buying apartments, cars, appliances, or leisure services. Fresh economic findings from the International Monetary Fund reveal how this…
Manchester United legend Rio Ferdinand has named Youri Tielemans as the Red Devils player who must now step up after midfielder Carlos Baleba sustained an injury.
