China Pumps Billions to Save Ailing Property Sector | China in Focus
China is doubling down on saving its slumping real estate sector, asking debt-ridden local governments to buy homes that are yet to be sold. One big question remains: where is the money coming from? Russian President Vladimir Putin is wrapping up his trip to China Friday. We have more on what the White House says about Beijing and Moscow's closer ties, plus what former President Donald Trump says about the pair. Taiwan has reported a round of China-linked cyberattacks targeting government websites. The onslaught is happening just as the island's new president-elect is set to take the helm next week. President Joe Biden will dispatch a special delegation to Taiwan as its new president takes office next Monday. The group consists of former U.S. officials and will visit Taipei "to represent the American people."
