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Evergrande: Crisis-hit Chinese property giant reveals $81bn loss

Crisis-hit Chinese property giant Evergrande has revealed that in 2021 and 2022 it lost a combined 581.9bn yuan ($81.1bn; £62bn). The firm, which defaulted on...

India increases Africa lending in the race to counter China

Africa has become the second-largest recipient of credit from India as the country tries to catch up with China in expanding its influence in...


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