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China’s official unemployment rate has remained stable over the past few months, but suspended production and long unpaid leave has been reported in some manufacturing sectors.
The transaction adds to a string of asset sales after the Foshan, Guangdong-based developer slumped into a financial crisis. Once China’s biggest home builder…
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Moordn Art Fair, created to tap Chinese metropolis Guangzhou’s potential as a market for art, drew a crowd in its first in-person iteration, but slow sales left some gallerists unsure if they’ll return.
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