7 times larger than the existing one/ Scientists discover a new ozone hole
A large ozone hole, which was not expected to exist, h...
China is experiencing a real estate crisis as the last 11 months saw a sharp decline in sales. This year, compared to last year, house sales decreased by 31.5 percent.
But the recent law passed by the Chinese government, which prohibits construction companies from taking deposits from buyers, has deepened this crisis even more.
Therefore, sellers or construction companies instead of deposit have thought of different alternatives. A construction company in the eastern city of Nanjing will accept a truckload of watermelons from farmers as advance payment provided the value does not exceed 100,000 yuan.
While another company stated that it had received peaches and garlic in exchange for the house deposit.
This has caused hundreds of farmers to travel to Shanxhi, about 800 km above Beijing, to buy a house./ CNA.al
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