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Panerai launches the new Luminor BiTempo

The spirit that defines Panerai watches and the people who wear them is not confined to a specific pursuit or destination; instead, it is a way of being that extends to any endeavor, a passionate engagement with the world that reaches beyond a single point on a map or location. The Luminor BiTempo watch exudes refinement and ease and, through its GMT feature, can simultaneously track the time in two different time zones, near or distant. All the while, it maintains the characteristic features and quality that are definitively Panerai.To get more news about https://www.paneraireplica.co, you can visit paneraireplica.co official website.

The new watch has been interpreted in two distinct color palettes, each with a compelling, assured presence and built on the foundation of a 44mm steel case. The first centers on a lively blue sun-brushed dial with an alligator strap in the same rich hue (PAM01361); the second has a matte black dial and matching alligator strap (PAM01360). In both colors, Luminor BiTempo features a GMT function that indicates the time in a second time zone with a hand in vivid cerulean blue to ensure visibility at a glance

A subdial at five o’clock with a bright blue hand provides a measure of the remaining power reserve, which extends to 72 hours when fully wound. The sandwich dial, a signature presence in the Panerai design vocabulary, exhibits subtle updates that reveal the unending process of perfecting the brand’s icons. The date window at three o’clock is larger than those that preceded it, and its beveled aperture is the first instance of a feature that will appear in future models.
Italian text inscribed on the dial highlights key features—BiTempo refers to its GMT function, while the word “ore” indicates the hours remaining in the power reserve—to affirm the brand’s Italian DNA. The design sophistication and originality for which Panerai is recognized and its experience in crafting instruments for navy divers are inseparable from its Italian origins. This heritage sets it apart from other Swiss-made watches

Calibre P.9012 powers the new Luminor models; the self-winding automatic movement is fully visible through a sapphire crystal display caseback. Water-resistant to 30 bar (~300 meters) Luminor BiTempo features a brushed steel buckle. Also included is an additional rubber strap and a tool to allow interchangeability of the straps and a screwdriver for removing the buckle.
Founded in Florence in 1860 as a workshop, shop and subsequently school of watch-making, for many decades Panerai supplied the Italian Navy and its specialist diving corps in particular with precision instruments. The designs developed by Panerai in that time, including the Luminor and Radiomir, were covered by the Military Secrets Act for many years and were launched on the international market only after the brand was acquired by Richemont in 1997.

Today Panerai develops and crafts its movements and watches at its Neuchâtel manufacture. The latter are a seamless melding of Italian design flair and history with Swiss horological expertise. Panerai watches are sold across the world through an exclusive network of distributors and Panerai boutiques.

buzai232 Jun 14 '23, 10:38PM · Tags: panerai replica

Luminor Due TuttoOro Raises The Bar On Luxury

Panerai is a trusted companion of explorers setting out for territories few dare to pursue, from the desolate reaches of the North Pole to forbidding dives hundreds of meters below the surface of the sea and expeditions to the distant abyss of outer space. The brand remains unwavering in its focus on creating instruments that are dependable in treacherous conditions and continues to invent novel solutions to enhance their performance. But Panerai also challenges itself to push limits and defy expectations in the realm of design codes. With the launch of the Panerai Luminor Due TuttoOro collection, Panerai reveals its first watches featuring gold bracelets.To get more news about paneraireplica.co, you can visit paneraireplica.co official website.
Luminor Due TuttoOro imbues one of the most elegant watches in the Panerai portfolio with a greater aura of luxury. Slim contours and a tailored, uncomplicated style distinguish Luminor Due and allow it to transition from the most casual occasions to formal wear and complement wearers of any gender. The 38mm case and bracelet are forged from Panerai Goldtech?, incorporating high copper content and platinum. Panerai Goldtech? is a material that is integral to the Panerai identity. Copper contributes to the deep, red tone of the metal, while the platinum content ensures the color will remain radiant and true.

The legacy of the brand’s renowned crown protection device contributes to the bracelet’s design. Each link takes the profile of the iconic mechanism and applications of adjacent polished and brushed finishes giving it added dimension. While the rectangular segment of each link has a polished finish, the rounded areas display a brushed surface.

The Luminor Due TuttoOro features a sun-brushed sandwich dial, a subtly textured surface that moves light along its expanse with the barest motion, and displays minutes, hours, small seconds and the date. It is available in two colors, white and deep, marine blue; the latter will be sold in Panerai boutiques exclusively.

Automatic calibre P.900 powers the Panerai Luminor Due TuttoOro. Measuring only 4.2mm thick, it is the first Panerai movement of its size to combine the date function and a three-day power reserve.

buzai232 Jun 14 '23, 07:59PM · Tags: panerai replica

Chinese tech entrepreneurs keen to 'de-China' as tensions with US soar

For the ambitious Chinese tech entrepreneur, expanding into the U.S. just keeps getting harder.To get more china tech news, you can visit shine news official website.

Before 2019, there were few major impediments to having a Chinese company that did business in the U.S. from China. But amid escalating U.S.-Sino trade tensions, particularly after Washington slapped sanctions on telecom giant Huawei (HWT.UL), some Chinese firms began setting up headquarters overseas - moves that could help them draw less U.S. government attention.Now, some mainland China tech business owners say they need to go further and gain permanent residency or citizenship abroad to avoid the curbs on and the biases against Chinese companies in the United States.

Shenzhen-based Ryan, who declined to give his family name due to fear of reprisals in China, says his three-year-old software startup has reached the point where it would be natural to expand in the U.S. - the world's biggest economy. His firm already has a million users in East Asia and a strong base in North America.

But he's dismayed by the U.S.-China trade spats and the restrictions on a growing number of Chinese companies that have been imposed, or are being proposed, by U.S. lawmakers.It's very unfair," he said, lamenting that competitors from other countries did not face similar issues when trying to expand into the United States.

"We feel a lot like the filling sandwiched in the middle of a biscuit."

His solution? He's trying to gain permanent residency in another Asian country.

Reuters spoke to seven tech entrepreneurs from mainland China, most of them educated overseas, who would like to expand their businesses in the United States. All are trying to gain permanent residency or citizenship elsewhere, with most exploring a range of options including Hong Kong, Canada, Japan, the United States and Singapore.

Of the seven entrepreneurs, three agreed to be identified by their English first names only while the others requested complete anonymity, all citing concerns about repercussions within China. They also asked that their businesses not be described in detail.While U.S.-China tensions may have been given new impetus under the Trump administration which levied tariffs broadly and imposed sanctions on Huawei, the friction has continued unabated under President Joe Biden as both countries vie for global tech pre-eminence.

Major flashpoints include U.S. export curbs on chips and data security concerns that have seen ByteDance-owned TikTok banned on U.S. government devices and altogether by the state of Montana. For its part, China recently blocked key industries from using Micron Technology (MU.O) products and has sought to rein in foreign consultancies and due diligence firms.

Geopolitical tensions have meant a far less friendly atmosphere for mainland Chinese companies wanting to operate or gain funding in the United States, the entrepreneurs and consultants say.

"The political narrative in Washington DC and in many state capitals is based on the misconception that all Chinese companies are intertwined with and taking direction from the Chinese government and the Chinese Communist Party," says James McGregor, chairman for Greater China at U.S. communications consultancy APCO Worldwide.

The U.S. Commerce Department did not respond to a request for comment on attitudes towards Chinese companies within the United States.

China's foreign ministry said in a statement that some Western countries want to "politicize technology, putting up obstacles to regular technology and trade cooperation, which benefits neither side, and adversely affects global technological advancement and economic growth."

buzai232 Jun 14 '23, 07:39PM · Tags: china tech new

30 Best Beginner CAD Software

If traditional drafting methods aren’t providing the precise drawings you want, you’ll need to upgrade to CAD software. Modern CAD software can create in both 2D and 3D, making it appropriate for your design needs. These programs offer a user interface that is simple to use, toolbars, and a big collection of 3D models. You may also print on many pages with several tools. When constructing industrial products, such as mechanical devices, CAD software is commonly utilized. The following is a hand-picked list of the best beginner CAD software, along with popular features and links to their websites. There is both open source and commercial software on the list of best free CAD software for 3d printing.To get more news about basic drafting software, you can visit shine news official website.

1. TinkerCAD
TinkerCAD, a free 3D CAD program from Autodesk, is one of best free beginner CAD software for 3d printing. It is a program that allows you to create 3D designs quickly and easily.

2. SolveSpace
SolveSpace is a 2D or 3D parametric drawing tool that uses revolves, extrudes, and Boolean operations to create things. It is also one of best free CAD software for beginners.

3. BRL-CAD
BRL-CAD is a robust and user-friendly best free 3d CAD software for beginners.

This 3D auto-CAD software includes interactive geometry editing, rendering, geometric performance, and a system performance analysis.
4. FreeCAD
FreeCAD is one of best free beginner CAD software for 3d printing that is an open-source program that may be used to create any size real-world object.

5. planner5d
Planner 5D is another useful 3D alternative tool for creating realistic interior and outdoor designs in 2D and 3D modes.

6. Vectary
Vectary is one of best free beginner CAD software for 3D printing.

7. LeoCAD
LeoCAD is also another best free CAD software for beginners that allows you to generate new models quickly and easily.

8. QCAD
QCAD is best free 3d CAD software, an open-source tool for two-dimensional CAD.

It allows you to generate technical drawings such as architectural plans, mechanical parts, interiors, and schematics, among other things.
It supports DXF (Drawing Interchange File) and DWG (Drawing) file input and output.
9. Open Cascade Technology
Open CasCADe Technology is a CAD software company that develops 3D model modeling software. It is also one of best free CAD software for beginners.

10. Adobe Substance 3D
Adobe Substance 3D comes with painter, designer, and sample being few of the clever, creative programs included with it.

buzai232 Jun 14 '23, 07:23PM · Tags: basic drafting software

These 5 ancient Chinese women could become Disney’s new heroines

Anticipation continues to build for the live-action remake of Mulan, which will be coming to theatres in March 2020. And although Hua Mulan’s warrior heroics have earned her a deserved place on the big screen, she isn’t the only ancient Chinese heroine who inspires us. These five tough ladies also deserve their moment in the spotlight as a Disney star:To get more news about women in ancient china, you can visit shine news official website.
What’s her story? Known for her extraordinary martial arts skills, this Northern Song dynasty warrior has been featured in the opera and novel Legend of Warriors of Yang Family. During her life, there was constant warfare at the Chinese border. After her soldier husband died in battle, Mu Guiying held back her tears and led the other widows of the kingdom in a war against the border attackers.
Why we love her: She dedicated herself to inspiring other women. A film adaptation of her life would be an inspirational tale of female power, even in the face of grief.
What’s her story? When Fan Lihua married a soldier from another kingdom, she had to put up with plenty of prejudice and disrespect because the kingdom she came from was less respected. Could her strong personality help her win the affections of her husband’s family and unite the two kingdoms in peace?
Why we love her: Raised by her father and brothers, Fan Lihua developed an outspoken, brutally honest personality that helped her stand out during the patriarchal Tang dynasty. This makes her the perfect type of protagonist for a film about a strong woman!
What’s her story? We love a female outlaw! And that’s just what this Ming dynasty warrior is all about. Tang Sai’er always fought for the little guy, even when doing so angered the royals. When she saw peasants being forced into slavery, this strong woman led an uprising against the Ming government. Her magnetic personality helped her recruit more than 10,000 soldiers to her cause.
What’s her story? The coolest thing about Liang Hongyu? She was skilled at just about everything! When she wasn’t using her superhero-level martial arts expertise to take on enemies, she was showing off her impressive singing, dancing and drumming skills. Although she was adept at so many things, she ultimately ended up being known as an especially talented soldier.
Why we love her: She broke down barriers! In fact, she became the first woman in Chinese history to receive a government salary for her work on behalf of national security.
What’s her story? Fu Hao’s legend extends back to the Shang dynasty and most of what we know about her is written on ancient oracle bones that were found in her tomb. Much like Liang Hongyu, Fu Hao is a woman of many talents and led both battles and religious ceremonies.
Why we love her: She never took a back seat, even in a world run by men. In fact, she made such a name for herself that she was ultimately buried in a tomb separate from her husband, which was a sign of just how well-regarded she was.

Move over, Mulan! It’s clear there were quite a few ancient Chinese women who knew a thing or two about being brave in a man’s world. Which one do you want Disney to put on the big screen?

buzai232 Jun 13 '23, 11:47PM · Tags: china economy news

Intermediate Computer-Aided Design Course

This course will introduce participants to advanced knowledge on three-dimensional (3D) modelling, sculpting, and simulation. Participants will also get the chance to validate their CAD skills by sitting for the Autodesk Certified User (ACU) exam.To get more news about cad and cam software, you can visit shine news official website.

Who Should Attend?
Hobbyists, 3D printing enthusiasts, and individuals who are keen on design, product design, and intermediate CAD skills.

Entry Requirement
Strongly recommended for participants to have attended Beginner Computer-Aided Design Course.

Participants are expected to have basic CAD prior knowledge such as two-dimensional (2D) sketch and basic 3D modelling.

Certification
Participants will be awarded a certificate of completion upon meeting the 75% course attendance requirement.

For courses with formal assessment component, participants will be awarded the certification of completion upon passing the assessment. Otherwise, a certification of attendance will be issued instead upon meeting the 75% course attendance requirement.

Participants will be awarded a certificate of completion from Autodesk upon completion of course.

Participants will be awarded the Autodesk Certified User (ACU) Certification upon achieving a pass in the ACU exam.

Trainer's Profile
Ms. Angela Chng graduated from Nanyang Technological University with a degree in Mechanical and Production Engineering. She has more than a decade of experience using Computer-Aided Design (CAD) software in the industry. Prior to joining Republic Polytechnic (RP) as a lecturer in 2015, she was a Product Designer involved in creating machines for assembly and testing. She also worked on areas such as design, prototyping, assembly, testing, and marketing.

Mr. Chua Swee Cheng holds a degree in Mechanical Engineering from the National University of Singapore. Currently, he is a lecturer at Republic Polytechnic. Swee Cheng has several years of product design and development experience. He started his career as a product development engineer before moving into product design. He was involved in the design and development of various products, from household appliances to commercial items such as hand dryers. Swee Cheng had used computer-aided design software of different brands throughout his career.

Ms. Wendy Ang obtained her Masters of Science (Mechanical Engineering) and Bachelor of Engineering (Mechanical Engineering) degrees from Nanyang Technological University. She is a lecturer under the Diploma in Engineering Design with Business at Republic Polytechnic’s School of Engineering. She also manages and conducts classes for part-time diploma programmes related to Operations and Production Planning. In addition, Wendy teaches Continuing Education and Training courses on Design Thinking and Computer Aided Design. Her prior work experience as an Instrument Design Engineer at Emerson Process Management (Oil and Gas Applications) and Product Engineer at Cal-Comp Electronics (Printer Design) enables her to relate well to various applications of design in the industrial and consumer industry.

buzai232 Jun 13 '23, 11:29PM · Tags: cad computer aided design

Panerai Radiomir range released with Brunito eSteel

This year for Watches and Wonders 2023, Panerai are celebrating the Radiomir heritage by introducing and revamping a whole new range of models that are novel in size, material and design. Panerai have seemingly left out the other collections (Luminor, Submersible and Due) with a strong focus on refining and updating the Radiomir, as the Luminor and Submersible are understandably more popular.To get more news about panerai radiomir replica, you can visit paneraireplica.co official website.

With a core Panerai community having an affinity for the classic “DNA” designs that nod to Panerai’s history, Panerai have heard the moans and groans of Paneristi calling for a reinvigoration of classic pieces that also have novel innovations.
The most significant news is the introduction of Brunito eSteel. Panerai’s eSteel was introduced in 2021, firstly within the Luminor range as a modern and fresh release, boasting a steel case made up of 98.6% recycled material. The Submersible eSteel followed this release in 2022, so now the Radiomir follows in 2023.

However, the Radiomir’s eSteel has a twist; it’s called Brunito eSteel. ‘Brunito’ means ‘Burnished’ in English; a type of polished metal. Panerai say “Every Radiomir Otto Giorni eSteel™ case is hand-finished one by one to create a seasoned look, giving each watch a unique character.” The seasoned look is created by Physical Vapor Deposition followed by individual hand-finishing, then tumble-polishing to partially wear off the coating, resulting in a worn appearance.
The first of three Brunito eSteel pieces is the Radiomir Otto Giorni PAM01348. With a design based on the PAM992, this model features a 45mm case housing the P.5000, Degradé blue with luminous arabic numerals and hour markers, with small second at 9 o’clock and the 8 Giorni Brevettato at the 3 o’clock.

This Radiomir Otto Giorni PAM01347 is essentially the same, except it features a grainy dark brown dial that nods to vintage watches with anodized aluminium dials. It contrasts very nicely with the blue hands, and the strap works well with the dial.

The PAM01347 and PAM01348 watches are designed for individuals who appreciate the Panerai style but desire a more contemporary aesthetic featuring updated colors and textures. These new releases are sensible and successful in fulfilling the needs of this specific market.

This PAM01349 features the California dial, which is a combination of Roman and Arabic numerals, drawing inspiration from the Panerai Ref 3646. The unique features of this California dial include green lume, metallic blue hands, and a domed sapphire crystal reminiscent of the early Radiomirs commissioned for the military and crafted with Plexiglas® crystal.

buzai232 Jun 13 '23, 08:03PM · Tags: panerai luminor

A High Profile Panerai Sighting Makes History

It is not unusual for Panerai watches to be seen on accomplished, well-known individuals at work or play, but one of the most recent sightings is in a league all its own. On January 19, 2022, during Extravehicular Activities (EVAs) that are part of International Space Station Expedition 66, cosmonaut Anton Shkaplerov wore a 45mm Panerai Radiomir watch (PAM210) strapped around the left glove of his Orlan spacesuit. Panerai became part of a small group of brands whose watches have been subject to direct exposure to outer space with that spacewalk.To get more news about panerai replica, you can visit paneraireplica.co official website.

The Panerai Radiomir PAM210 was visible on several occasions during seven hours of footage streamed by NASA TV at the time of the EVA. The fact it was worn during the operation is a testament to rigors that Panerai watches can withstand. External temperatures encountered during an EVA vary from +121 degrees when exposed to sunlight to -157 degrees when an astronaut is in shadow. While Panerai watches have a long legacy connected to the exploits of naval divers and the hostile environment of the underwater world, it is apparent that their endurance extends beyond Earth’s atmosphere.

Panerai had no advance knowledge that cosmonaut Shkaplerov would wear the watch during his journey. However, after viewing NASA’s EVA footage, Panerai learned of its presence from keen-eyed observers who contacted the brand.

The brand’s debut space mission came as a total surprise. “When I first learned about the sighting from several journalists, I thought they were joking,” said Panerai CEO Jean-Marc Pontroué. “It took four or five days to realize and check the story was true. We’re lucky that we are a highly recognizable brand. Because of the cushion shape and the iconic dial of the watch, people could identify it as being from Panerai. It’s like an occasion when we unexpectedly discover a Panerai watch on a celebrity in a film. We learn about it at the same time as the rest of the public.”

There’s been just one noticeable modification of the Panerai Radiomir PAM210, a reference that is no longer in production, from its original state: “Like the Italian military in the past, the cosmonaut wore the watch over his gear,” said Pontroué. “It needed a new strap that would fit around his spacesuit. An extra, extra, extra-large strap was added.”

“We’re honored that Mr. Shkaplerov took our watch with him on his mission. As far as we know, there’s never been a Panerai watch in space before, and we never had a strategy to develop products for space. We’re used to operating at negative depths rather than positive altitudes, but we produce some of the most robust watches in the world. We are used to test our watches in though conditions.”

buzai232 Jun 13 '23, 07:36PM · Tags: panerai luminor

Panerai Targets Women With the Radiomir’s Return

No matter how many supercharged watches it makes for men, Panerai just can’t stop winning over women with its larger models.To get more news about paneraireplica, you can visit paneraireplica.co official website.

“We see more and more women interested in our watches,” said Panerai’s chief executive, Jean-Marc Pontroué, during a video call from the company’s headquarters in Neuchatel, Switzerland. He noted that more than 90 percent of the brand’s watches were sold to men, but that that share had dropped to 78 percent in recent years.

That shift looks set to continue with the rerelease in Geneva this week of Panerai’s first watch, the Radiomir. Built for the Royal Italian Navy in the 1930s, the Radiomir has a lighter, more wearable profile than most of Panerai’s collection.

Yet in recent years, the Submersible, which was taken out of the Luminor line in 2019 to become a stand-alone collection, has accounted for 25 percent of the company’s sales, said Mr. Pontroué, while the Radiomir made up only 5 percent. “The Radiomir tells the classic, historical story of the brand,” he said. “You can’t do that through the Submersible — that’s an adventure watch.”
In Geneva, Panerai is to introduce the Radiomir Quaranta, a watch with a white dial and a case in a new metal with the trademark Goldtech, in a 40-millimeter size. That’s large by women’s watch conventions, where there is no official range, though an average of 34 millimeters is often mentioned. But it is small for a company where most timepieces are 44 millimeters to 47 millimeters.

“Some people are afraid of our brand because they think our watches are too big,” he said, adding that he believed that Panerai was “the largest brand in big watches in the world.”

“We have a lot of women who buy Luminor Quaranta,” said Mr. Pontroué, referring to a 40-millimeter watch released last year. “So we’re anticipating the new Radiomir assortment will broaden our customer acquisition.”
And, he added: “If we can duplicate this success at 40 millimeters, we would beat Rolex tomorrow. There’s big potential here.”

Alongside the Radiomir Quaranta, there will be a pair of 45-millimeter pieces housing Panerai’s first annual-calendar movement, which would have to be adjusted just once a year, at the end of February; a 45-millimeter gunmetal piece with a California dial, the industry name for a design with no logo and half Arabic and half Roman numerals; and two other 45-millimeter references with eight-day power reserves.The Radiomir may open up Panerai’s story, but Mr. Pontroué said the plot would not change. “We will remain a masculine, big-size brand, but one which happens to sell to the new generation and to women,” he said.

buzai232 Jun 13 '23, 07:23PM · Tags: panerai luminor

China’s economy is growing again

Until a few weeks ago, Chinese shares were among the best-performing in the world over the previous six months as investors bet on the country’s economic recovery after the lifting of pandemic restrictions.To get more china economy news latest, you can visit shine news official website.

But since April 18, when China released figures on its first-quarter economic output, stocks of Chinese companies around the world have lost about $540 billion in value, according to CNN calculations. Investors trimmed their exposure to China amid economic uncertainty in the country, rising geopolitical tensions and Beijing’s crackdown on international consulting firms.

The Nasdaq Golden Dragon China Index has lost more than 5% since April 18. Hong Kong’s Hang Seng (HSI) Index has also shed 5%. And the Shanghai Composite Index and the Shenzhen Component Index have fallen 3% and 6.5% respectively. During the same period, the Nasdaq Composite jumped 4%.

The selling is not limited to equities. The Chinese yuan, a barometer of investor sentiment, has tumbled over 2% in the past month. On Wednesday, the yuan sank below 7 to the US dollar in offshore trading, breached that key level for the first time this year. The currency weakened further on Friday, hitting its lowest level in nearly six months.Investors remain skeptical [about China] for two primary reasons. First, the recovery has not been robust,” said Brock Silvers, chief investment officer for Hong Kong-based Kaiyuan Capital.

Another concern for global investors is the country’s “fundamental investability,” he said, referring to geopolitical and Chinese policy risks.

Relations between the United States and China have become increasingly tense over the past few months. Washington has ramped up sanctions against key Chinese industries, including chipmaking. Beijing has displayed a growing distrust of foreign companies, cracking down on international consultancies and expanding the country’s counter-espionage law last month.

“Unfortunately after two decades of mutual benefit, global tensions have risen between China and the US,” said Michael Kelly, global head of multi-asset at PineBridge Investments, a New York-based asset management firm.Chinese stocks began a sharp rally in late October on hopes that the country would exit its costly zero-Covid policy. In early December, Beijing ditched the stringent restrictions, which resulted in a quick rebound in economic activity.

But despite solid consumption-led growth of 4.5% in the first quarter, recent economic data point to an uneven recovery in the world’s second largest economy.

On Tuesday, China released a batch of economic data for April, which largely disappointed investors. Nomura and Barclay lowered their forecasts to 5.5% and 5.3%, respectively, after the data release. But UBS and Goldman Sachs maintained their growth projections, which are 5.7% and 6% for the year.

The consumer price index rose by just 0.1% in April, the slowest pace in more than two years. The producer price index, which measures factory-gate prices, declined by 3.6%, marking the biggest contraction in three years, and underscoring the risk of deflation.Imports plunged 7.9% in April, reinforcing signs of feeble domestic demand. As for employment, the jobless rate for 16- to 24-year-olds hit a record high of 20.4% in April.

China’s “faltering” real estate sector, formerly the economy’s main driver, remains a major worry, said Silvers. Over the past few decades, the sector has accounted for as much as 30% of China’s GDP.

On Wednesday, the National Bureau of Statistics reported that new home prices rose by just 0.3% in April, after 0.4% in March, suggesting that the pent-up demand may be fading after the end of pandemic restrictions. Before February, home prices had been in a historical decline for about 18 months.

buzai232 Jun 6 '23, 10:36PM · Tags: china economy news
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