Summary: The article describes the impact of China's real estate slump on the country's economy. The article highlights that falling real estate prices have led to a decline in consumer confidence and a slowdown in retail sales. The article also mentions that the Chinese government is trying to stabilize the real estate market and has implemented policies to support developers and encourage homebuyers.

Link: https://www.cnbc.com/2025/07/09/cnbcs-the-china-connection-newsletter-the-hidden-drag-on-chinas-economy.html