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New Business

Shimao slashes Hong Kong Sheraton hotel price by 25% to speed up restructuring

Defaulted mainland Chinese developer Shimao Group Holdings has slashed the asking price for a Sheraton-branded hotel property near Hong Kong’s…

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New Business

China’s consumers dig deep amid economic concerns with splurge on gold bars, coins

Limited access to alternative investment channels and hedging tools, such as bitcoin, and concerns over China’s economic prospects led to…

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