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China steps up funding oversight of Evergrande property projects -Caixin – Reuters

Several local governments in China have set up special custodian accounts for property projects of its most indebted developer,…

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An Evergrande sign is seen at the Evergrande Automotive R&D Institute Headquarters of China Evergrande Group in Shanghai, China September 24, 2021. REUTERS/Aly Song/FilesBEIJING, Sept 26 (Reuters) – Several local governments in China have set up special…

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