China facing 'challenges' in reviving economy, leaders say

Beijing (AFP) Dec 12, 2023

China's leaders have pledged greater steps to support the country's flagging real estate market, state media reported Tuesday, as they detailed plans to lift the world's second-largest economy out of an uneven rebound. China's economy is battling headwinds on multiple fronts but a debt crisis in its property sector is foremost among its woes. Beijing's top decision-makers, including Pres