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China Needs New Growth Engines as Property Drags Down Economy, Says Analyst

China’s property sector slowdown is hurting economic growth — and it’s not clear there are new growth drivers to pick up the slack, said Leland Miller, chief executive of the China Beige Book.

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How China Lost Patience with Its Loudest Billionaire

Beijing’s slapdown of Jack Ma was years in the making.

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Evergrande CEO Prepares to Break Apart Company in Attempt to Avoid Default

Facing a massive debt of $300 billion, Evergrande has missed three rounds of interest payments on its bonds.

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Edf Not Ready to Take On Customers from Bust Firms

Some of the UK’s largest energy companies have been appointed as supplier of last resort to failed firms.

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Evergrande Debt Crisis: Default Looms As Another Developer Warns of Trouble

The company’s woes are emblematic of a bigger real estate crunch in China.

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China’s Biggest Coal-Producing Region Was Hit by Floods at the Worst Possible Time

The closures come amid an energy crisis in China that could add further strain to the global supply chain.

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Nestlé Recalls Over 27,000 Pounds Of Frozen DiGiorno Pepperoni Pizza

The company said it became aware of the issue after it was contacted by a consumer.

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Dozens Of Cargo Ships Stuck Waiting Off New York’s Coast Amid Port Staff Shortages And Surging Demand For Goods

It comes amid surging demand for goods ahead of the holiday season and a national labor shortage.

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