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China's Debt Problem Worsens: Evergrande and Dalian Wanda Group in Trouble
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China's debt problem is worsening as Evergrande faces a lawsuit and Dalian Wanda Group sheds assets to avoid default. Local governments are also struggling with debt. These issues are impacting China's economy, including weak consumer sentiment and concerns about a real estate slump.
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How might Evergrande's liquidation impact the Chinese real estate market?
How might the struggles of local governments affect China's overall economy?
What measures can the Chinese government take to address the debt problem?
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