House prices in China need to fall further and will not recover until 2026

House prices in China need to fall further and will not recover until 2026

Beijing (Reuters) – The prospects for China's real estate sector are frustrating, despite measures to increase demand that help vulnerable recovery, Reuters polls show. House prices are expected to recover faster this year than previously estimated, with growth recovering in 2026, but slower than November's forecast. A poll of 10 analysts was conducted from February…

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Russians seek asylum from Thailand's sanctions and military draft

Russians seek asylum from Thailand's sanctions and military draft

Over the years, China's tourism industry has driven the economy of this island paradise, known for its tropical weather, amazing sunsets and foreign-friendly accommodation. But since Russia's full-scale invasion of Ukraine in 2022, Thailand's Phuket island is transforming into another holiday: a refuge for Russians who evade the economic impact of military constitution, political oppression…

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