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Slowing China home price rises add to doubts about economy

BEIJING (Reuters) – Home price rises in China slowed in June for a second straight month, adding to fears that a construction-led rebound in the economy may not be sustainable.

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China’s Fosun sets sights as world leader but has plan to reduce debt – founder

Lisbon – (Reuters) – Fosun Group, China’s largest private conglomerate, is aiming to become a world leader in insurance, tourism and healthcare but also has a “clear plan” to reduce its debts, chairman and co-founder Guo Guangchang said on Tuesday.

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