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China buys stake in Evergrande-linked bank to stem contagion fears – Sydney Morning Herald

China has stepped in to buy a stake in a struggling regional bank from China Evergrande Group as it seeks to limit contagion…

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China stepped in to buy a stake in a struggling regional bank from China Evergrande Group as it seeks to limit contagion in the financial sector from the embattled property developer.
Evergrande agreed to sell a 20 per cent stake in Shengjing Bank Co to…

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