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China Says Collapsing Real Estate Giant Evergrande Overstated Revenue by $78 Billion

China's securities regulating agency announced on Monday that it had banned the founder of real estate giant Evergrande from the securities market and accused the company of $78 billion fraud.

China Slightly Lowers 2024 GDP Growth Target from 2023 as Economy Languishes

By: John Hayward ยทย John Hayward
China set an official 2024 target for GDP growth of around five percent in a report from Premier Li Qiang to the National People's Congress.
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