Protests After China Asset Manager Misses Payments | China In Focus

Protests After China Asset Manager Misses Payments | China In Focus​

Protests have been sparked in China. Investors are now demanding their money back as another Chinese asset manager misses debt payments. So what's the situation with China's real estate crisis? American financial giant JPMorgan Chase said China's economy is staring down the barrel of a “vicious cycle.” Meanwhile, the head of the Chinese Communist Party is calling for "patience." The Inflation Reduction Act has marked its one-year anniversary. Biden touted the achievements, but who is really reaping the benefits?