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Wanda tycoon fights to save empire

Chinese tycoon fights to save his empire after $59b wipeout

Chinese tycoon fights to save his empire after $59b wipeout
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China Real Estate: Is this property developer China s Evergrande 2 0?

Wanda s liquidity woes dwarf every other indebted builder in the world. If a proposed share sale fails to go public by the year-end, Wanda, China s biggest shopping mall operator, will have to repay its pre-IPO investors, who bought in about two years ago, around $5.6 billion

Taiping Life pays $431m for Anbang s stake in Zheshang Bank

Most of Anbang’s noncore financial assets have been divested or listed for sale, including the stake in Zheshang.

In Ilocos Sur where illegal sand mining ran unabated, fisherfolk pay the price

Government agencies took years before paying heed to community pleas. Residents believe the action taken might have been too late. The story of sand mining in Ilocos Sur serves some hard lessons for ongoing concessions and explorations

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