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Speed at which tech company raises billions sparks concern over China's corporate debt

Monday, June 5, 2017 - 05:50

New York

WHEN a Chinese tech company with global ambitions began to run short of cash last year, it sought billions of dollars from new investors. One of them was a music teacher. Li Shenghong, who teaches out of a mall storefront in southern China, was already a fan of the smartphones

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