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Global shares are mostly higher despite worries about rising numbers of cases of the coronavirus. Benchmarks in France, Germany and Britain are rising in early trading, while U.S. futures are
Troubled Chinese developer told to demolish resort | 2022-01-04 14:18:53
Developer says order to demolish 39 buildings on Hainan would not affect the rest of its project there
Global shares were mostly higher Tuesday despite worries about rising numbers of coronavirus cases.
A troubled Chinese real estate developer that is struggling with $310 billion in debt announced Tuesday it has been ordered to demolish a 39-building resort complex in a new blow to its finances.