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Over the past three decades, China has undergone a significant transformation in its housing market. In the past, much of the housing in Chinese cities was owned by state-owned enterprises, which provided homes to workers at low rents. However, the landscape has changed drastically since then, with the emergence of a booming commercial property market that has led to the construction of vast numbers of flats. The recent slowdown in the property market has prompted the Chinese government to take action in an effort to stabilize the market. In an attempt to address the issue of unsold properties, the government…

Nearly 1,000 cultural relics have been recovered from shipwrecks dating back to the Ming Dynasty — from 1368-1644 — including porcelain and pottery, copper coins, and deer antlers, China’s National Cultural Heritage Administration (NCHA) said in a release Thursday. The underwater excavation of the shipwrecks began last year and shows that people from the Ming Dynasty used the South China Sea, known as the ancient Maritime Silk Road, as an important trade route, Guan Qiang, deputy head of the NCHA, said. The wrecks were first discovered in 2022, roughly 5,000 feet below the surface near the northwest continental slope of…

As the nation gears up for the 2024 election, voters are faced with a myriad of important decisions that will shape the future of our country. The stakes are high, and every vote counts. To help voters navigate this crucial time, CNN has put together an Election Voter Handbook, providing valuable information on key dates, how to register to vote, and what to expect on Election Day. According to the handbook, the deadline to register to vote in the upcoming election is October 8th. This means that those who have not yet registered must do so soon in order to…

In a recent court ruling, a Texas bankruptcy judge rejected a proposed liquidation of Alex Jones’ company, Free Speech Systems, the parent company of Infowars. The judge, Chris Lopez, noted that a denial of the bankruptcy plan was in the best interest of the creditors. However, Judge Lopez did approve a separate liquidation of Jones’ personal assets. The families of Sandy Hook victims, who are owed approximately $1.5 billion in damages after Jones lied about the 2012 school massacre, have not received payment. Judge Lopez emphasized the need to stop “incurring costs” and allow the families to try to claim…

The global manufacturing landscape has been undergoing significant changes in recent years, with China facing challenges in maintaining its position as the manufacturing powerhouse of the world. As China’s labour costs have been on the rise and tensions with the West have escalated, other emerging markets have seen an opportunity to attract foreign direct investment and establish themselves as viable alternatives for manufacturing. Last year, China experienced a significant decline in foreign direct investment, reaching a 30-year low. This decline has been attributed to a combination of factors, including rising labour costs, increasing trade tensions, and a shift in global…

Pollard Middle School in Needham, Massachusetts recently held its eighth-grade “moving up” ceremony for the outgoing students, which included an impressive 23 sets of twins. Principal Tamantha Bibbo mentioned to the Associated Press (AP) that the school has a substantial student body. However, the unusually high number of twins in this year’s eighth-grade class was quite remarkable. Bibbo stated, “We typically have anywhere from five to 10 sets at most, given our numbers, we have approximately 450 to 500 children in each grade, so this was extraordinarily high.” The 23 sets of twins, along with an eighth-grade student whose twin…

In a recent development in the federal criminal classified documents case against Donald Trump and his two co-defendants in Florida, District Judge Aileen Cannon has denied efforts to dismiss nearly 10 of the 41 charges in the indictment against them on technical grounds. However, she did agree with the defendants that some language in the indictment was “legally unnecessary” and ruled that one paragraph would be removed. One small victory for the defense came as Cannon rejected prosecutors’ rationale for including a paragraph detailing an episode in which Trump allegedly showed a classified map to an unnamed representative of his…

BlackRock, a leader in the passive-investing revolution, is facing a challenge from activist fund Saba Capital, marking a departure from its usual role as a disruptor in the financial world. Saba has set its sights on ten of BlackRock’s closed-end funds, which are currently trading at a substantial discount to the value of their underlying assets. Unlike mutual and exchange-traded funds, closed-end funds do not offer new shares to incoming investors, allowing their share prices to deviate significantly from the true value of their portfolios. Boaz Weinstein, the founder of Saba Capital, is calling on BlackRock’s funds to initiate share…

Samantha Paulino, a resident of Arlington, Virginia, made headlines when her rescue dog, Autumn, managed to survive on her own for six months after running away shortly after arriving in the United States from South Korea in Sept. 2023. Despite Paulino’s efforts to catch her, Autumn proved to be a skilled escape artist, always managing to stay one step ahead of her would-be rescuers. From the moment Autumn arrived, Paulino noticed that her new pet had anxiety and a strong desire for independence, likely stemming from her unknown past in the streets of South Korea. The small Finnish spitz mix…

Senator Bob Menendez has taken center stage at his bribery and corruption trial in federal court in Lower Manhattan after businessman Jose Uribe, the prosecution’s star witness, testified that Menendez played a key role in the conspiracy that ensnared him, his wife Nadine Menendez, and two co-defendants. Uribe described Menendez as a powerful figure with vast influence, often akin to a Godfather-like character who provided limited insight into his plans but boasted about his actions. Uribe detailed meetings with the Menendezes where he sought help to quash a prosecution and state investigation that threatened his businesses. Menendez allegedly intervened on…