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CBA Draft held in Beijing

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The Chinese Basketball Association (CBA) held its 2017/18 Draft on August 2 in Beijing, China, attended by Yao Ming, former NBA star and new CBA President. Eleven of the original 46 draft picks were picked…

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China admits to disguised fiscal borrowing risk

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China’s finance ministry has acknowledged that public-private partnerships for infrastructure investment have become a vehicle for “disguised borrowing” by local governments, as Beijing targets systemic risk from rising regional debt. The central … ( read…

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