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HSBC and Standard Chartered won’t provide the company with any new banking services or funding after deciding it is too high risk

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The ubiquitous developments that were such conspicuous testament to China’s enviable growth over the last couple of decades are now telling another story, of a growing malaise. Millions of apartments stand empty in eerie ghost cities, while theme parks in the middle of nowhere languish, deserted. Railroads, airports and superhighways are barely used even as […]

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