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Evergrande ‘crisis resolution’ & factional struggle; Xi unveils plan to formalize power consolidation

SinoInsight  1  On Sept. 29, China Evergrande Group, whose problems with repaying a 130 billion yuan ($20.39 billion) debt to investors made headlines last week, announced that its investors agreed to roll over 86.3 billion yuan of convertible debt. The company also said that it was finalizing repayment arrangements with holders of another 15.5 billion …

Read moreEvergrande ‘crisis resolution’ & factional struggle; Xi unveils plan to formalize power consolidation

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