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Shocking Events Unfold in China: Cable Car Accident and Real Estate Crisis

Recent events in China have left the public in shock and raised concerns about safety and economic stability. From a tragic cable car accident to a crisis in the real estate market, here's what you need to know.

Cable Car Horror

⚠️Cable car at Beijing's Shang xan Park fell from a considerable height, causing passengers to plunge to the mountain side.

😱Eyewitnesses describe the terrifying experience of being in the cable car during the accident.

🚫All videos related to the incident have been taken down from DNE, the Chinese version of TikTok.

Real Estate Crisis

πŸ’ΌCommercial assets once considered lucrative for real estate companies are now being abandoned.

πŸ’°The sale of commercial assets by real estate companies has significantly increased.

πŸ“ˆIn October, the total listing price of bulk properties in 32 cities reached 1.92 trillion Yuan.

FAQ

What caused the cable car accident?

The cause of the cable car accident is still under investigation.

How is the real estate crisis affecting the economy?

The real estate crisis has led to concerns about the stability of the Chinese economy.

Are there any safety measures being implemented in cable car parks?

Authorities are reviewing safety protocols in cable car parks to prevent future accidents.

What is the government doing to address the real estate crisis?

The government is considering measures to stabilize the real estate market and prevent further economic impact.

How are the public responding to these events?

The public is expressing concerns and seeking accountability for both the cable car accident and the real estate crisis.

Summary with Timestamps

🚑 0:48Rumors circulate about a cable car accident in Beijing's Shang xan Park, with passengers falling and their fate unknown.
πŸ’° 4:01Real estate companies in China are divesting commercial assets to alleviate financial pressures.
❗️ 7:44The tightening control on freedom of speech in China may lead to increased social conflicts and discontent among the population.
πŸ“° 11:24Metropolis supplement writer Sun Lin, known for his critical articles on social issues, has been dismissed and subsequently passed away, drawing attention from the international community and human rights organizations.

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