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Huarong Sends $1.7 Billion Back to Citic After Asset Sales

(Bloomberg) China Huarong Asset Management Co. returned almost $2 billion back to Citic Group, in a sign of closer ties after the financial conglomerate led a bailout of the bad debt manager two years ago. Most Read from BloombergBiden, Xi Declare Progress After Concluding Four-Hour SummitIsrael Latest: Biden Defends Hospital Raid, Says Hamas UnbowedTrudeau Faces Calls to Exit With His Party Trailing in PollsSpaceX Weighs Spinning Off Starlink Via IPO as Soon as 2024Rolex, Patek Prices Hit Fr ....

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China s Realty Check-Minhaz Merchant - BW Businessworld

Minhaz Merchant - The relationship between Europe and China has soured since the Russia-Ukraine war. The BRI was meant to be a new Silk Route from Asia to Europe. That vision has blurred , , magazine 18 November 2023, china ....

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China's troubled property sector to face more debt defaults

China's troubled property sector to face more debt defaults
streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.

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China's troubled property sector to face more debt defaults | WSAU News/Talk 550 AM · 99.9 FM

By Xie Yu HONG KONG (Reuters) - More debt defaults are likely to emerge in China's property sector as troubled developers struggle with a weak home sa. ....

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China's Gemdale sees stocks and bonds dive, latest firm affected by property crisis fears

China's Gemdale saw its stocks and bonds plunge on Tuesday after the resignation of its chairman, as investors took no chances amid the debt crisis in the key real estate sector. Ling Ke, 64, had resigned due to health reasons, Shanghai-listed Gemdale announced on Monday evening, adding that he would be replaced by company president Huang Juncan. It did not elaborate on the health reasons. ....

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