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China Property Crisis: Beijing Mulls $6.8 Billion for Shenzhen's Vanke
Posted
February 12, 2025
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2:09Now PlayingChinese authorities are working on a proposal to help China Vanke Co. plug a funding gap of about 50 billion Yuan ($6.8 billion) this year, according to people familiar with the matter, highlighting the government support for the distressed developer.
Bloomberg's John Liu discusses on "The Pulse with Francine Lacqua" on Bloomberg TV.
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