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Economy

The Latest Dark Side Of China's Economic Engine: Soaring Housing Prices

In Beijing, housing price per square meter is as high as $2,000, which means most people who work in the city can't afford to live there. Government efforts at subsidized housing have fallen short, as China begins to pay the price for its modern

Buying a home in Beijing is getting harder and harder (Keemz)
Buying a home in Beijing is getting harder and harder (Keemz)
Harold Thibault

BEIJING – Sitting on his bed, in a bare 10-square-meter room furnished with only one steel shelf, Wang Xin sums up his situation: "I was lucky."

Xin, a teacher, lives in cramped quarters on the campus of the Beijing International Studies University, located about 10 kilometers outside the city center. What makes him lucky is that he will soon be able to sleep in his own apartment. He can thank the government, which – in an effort to tame soaring property prices – has prioritized the construction of subsidized apartments. Sky-high property prices have especially squeezed low and middle-income residents in Beijing and other large Chinese cities.

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Society

End Of Roe v. Wade, The World Is Watching

As the Supreme Court decides to overturn the 1973 decision that guaranteed abortion rights, many fear an imminent threat to abortion rights in the U.S. But in other countries, the global fight for sexual and reproductive rights is going in different directions.

"Don't abort my right" At 2019 pro-choice march In Toulouse, France.

Alain Pitton/NurPhoto via ZUMA
Hannah Steinkopf-Frank and Sophia Constantino

PARIS — Nearly 50 years after it ensured the right to abortion to Americans, the United States Supreme Court overturned the Roe v. Wade case, meaning that millions of women in the U.S. may lose their constitutional right to abortion.

The groundbreaking decision is likely to set off a range of restrictions on abortion access in multiple states in the U.S., half of which are expected to implement new bans on the procedure. Thirteen have already passed "trigger laws" that will automatically make abortion illegal.

U.S. President Joe Biden called the ruling "a tragic error" and urged individual states to enact laws to allow the procedure.

In a country divided on such a polarizing topic, the decision is likely to cause major shifts in American law and undoubtedly spark outrage among the country’s pro-choice groups. Yet the impact of such a momentous shift, like others in the United States, is also likely to reverberate around the world — and perhaps, eventually, back again in the 50 States.

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