Most of that new middle-class wealth—at least on paper—comes from soaring home values, especially in relatively wealthier cities. For instance, 83.8% of the total assets (link in Chinese) of average Beijing residents came from their homes, compared with the national urban average of 66%.
Israeli Missiles Hit Iran, the Price of Oil Jumps 3 Percent
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In a game of tit for tat, Israel strikes back at Iran for Iran's missile
launch against Israel. Iran's attack on Israel was in response for Israel
illegall...
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