Real estate prices have skyrocketed in China's most popular cities, raising fears the overheated property market could be headed for a crash.
Developers in some Chinese cities have cut prices by up to 30 percent as demand for new housing plummets. Public anger has poured onto the streets despite official figures showing a still-healthy property sector.
US firms are by far at the top of the global arms trade, according to an expert report. Germany's largest defense company landed at 25th among the globe's top 100; Russia, Turkey and China are also boosting production.
Nearly two years after a hostile Chinese takeover, Kuka's Chief Executive Till Reuter is to be replaced. The industrial robot maker recently revised down its 2018 revenue prediction and its share price has plummeted.
China is experiencing its weakest economic growth since the global financial crisis of 2008. Since the root causes are homemade, this is not an insurmountable problem, says DW’s Frank Sieren.
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