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29 days ago

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China accuses property developer Evergrande and founder of £60bn fraud

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China accuses property developer Evergrande and founder of £60bn fraud

Troubled property developer China Evergrande Holding says Beijing's stock watchdog has fined it 4.2 billion yuan ($333.4 million) for allegedly falsifying its revenue, among other allegations

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China accuses property developer Evergrande and founder of £60bn fraud

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China accuses property developer Evergrande and founder of £60bn fraud

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