Part 12/15:
Meanwhile, Country Garden, another key player, is nearing approval for a $14.1 billion offshore debt restructuring. While this may stabilize the firm temporarily, the overarching economic picture remains bleak, especially as new home sales continue to slump, falling 42% year-on-year in October.
Demographic Trends and Social Indicators
Amidst economic turbulence, recent data indicates a surprising uptick in marriages in China, with a 9% rise in new registrations in the first three quarters of 2025 compared to 2024. Over 5.1 million couples tied the knot during this period, supported by government initiatives like nationwide marriage registration services and incentives such as vouchers and "red envelopes."