The global real estate market has been divided into three blocks, according to the International Monetary Fund (IMF). These blocks include countries aligned with the United States, countries aligned with China, and countries that are not connected to either of them. The IMF report explains that this division has led to an increase in the volume of goods, services, and investments exceeding $3,000 billion by 2023. One significant factor contributing to this growth is the demand for products that are limited to international boundaries.

Furthermore, the IMF highlights that the volume of imports from China to the United States has declined by 8 percent between 2017 and 2023. This decline can be attributed to the ongoing conflict between Beijing and Washington. Additionally, the report mentions that the confrontation with Ukraine has affected the direct reference to Russia and the Eurasian Economic Union (EEU).

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Source: News.am