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Daily Archives: July 23, 2017

Xi’s Sign-Off Deals Blow to China Inc.’s Global Spending Spree, By Lingling Wei and Chao Deng

Measure is a warning to China’s other big private businesses that loaded up on debt to buy assets overseas BEIJING—China’s government reined in one of its brashest conglomerates with the approval of President Xi Jinping, according to people with knowledge of the action—a mark that the broader government clampdown on …

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