August 10, 2023
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3:46Now PlayingChina’s securities regulator will be holding a meeting on Friday with some property developers and financial institutions as troubles in the real estate sector continue to mount, according to people familiar with the matter. Country Garden Holdings Co., which expects to report a multibillion-dollar loss for the first half of this year, was not among those invited, one of the people said. Stephen Engle reports on Bloomberg Television.
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