China's New Home Sales Plummet: A Deep Dive into Sluggish Demand

In a concerning development for China's real estate sector, new home sales have experienced a significant decline, according to recent data released for March 2025. The drop in sales can be attributed to a combination of factors, including persistently high mortgage rates and a general economic slowdown, which has left many potential homebuyers hesitant and cautious.

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World Bank Raises Alarm Over China's Economic Slowdown, Casting Shadow on East Asia

In a recent report, the World Bank has sounded a warning bell regarding the economic downturn in China, suggesting that the slowdown could exert intensified pressure on the broader East Asian region. The institution highlighted that the deceleration of China's economy, which has long been a pillar of regional growth, might create ripple effects that could destabilize economic stability across neighboring countries.

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