Clare Jim and Jing Xu
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China asking state-backed firms to pick up Evergrande assets - sources
Beijing is prodding government-owned firms and state-backed property developers such as China Vanke Co Ltd to purchase some of embattled China Evergrande Group's assets, people with knowledge of the matter said. Beijing is prodding government-owned firms and state-backed property developers such as China Vanke Co Ltd to purchase some of embattled China Evergrande Group's assets, people with knowledge of the matter said.