HERON LIM
China set to post slowing growth on housing, consumption woes
China's economy is expected to have slowed in the first quarter due to challenges in the property sector and weak consumer activity. Despite setting a growth target of around five percent for the year, analysts view this goal as ambitious. While industrial production has increased, consumption remains sluggish. The property market continues to be a concern, with falling home prices and challenges for developers. Policymakers have introduced measures to boost infrastructure spending and consumption, but more stimulus may be needed.
This rocky island near California is up for grabs at $25mn... despite being difficult to navigate
It is a 6-acre, dome-shaped outcropping that is tricky to reach and even trickier to explore. Its sparse plant life consists of scraggly shrubs and pines, along with thickets of poison oak. Its beaches are rocky, its cliffs steep.
