Global Economic Crossroads: China Property Crisis Deepens, US Labor Market Shows Resilience, and Japan Pivots from China

Key TakeawaysChina's property crisis has intensified dramatically with developer Vanke's U.S. dollar bonds crashing 60% this week to record lows, signaling deepening systemic risk despite state-backed support attempts.The U.S. labor market is exhibiting robust health, with jobless claims falling to their lowest level since August and real wages outpacing inflation for 29 consecutive months, a positive indicator for consumer spending and economic stability.Japanese companies are actively reducing their manuf ...