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China's Debt Woes Intensify with Another Real Estate Giant in Trouble | Vantage on Firstpost

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China's Debt Woes Intensify with Another Real Estate Giant in Trouble | Vantage on Firstpost
The spectre of debt is haunting yet another Chinese heavyweight. Wanda's escalating financial crisis has drawn parallels with the notorious China Evergrande catastrophe.
Wanda's scramble to manage its monetary situation, marked by downsizing and appeals for loan relief to major banks, indicates serious cash flow issues. Watch this full story from Vantage.

The Nova Kakhovka Dam in Ukraine has collapsed. Millions of cubic metres of water are flowing out. About 22,000 people and 80 settlements are in danger. The cooling of the Zaphorizhia nuclear power plant may also be affected.
Ukraine says Russia destroyed the dam to slow down its counter-offensive. Russia blames Ukraine for collapse. What happens next? Here’s a report.

French President Emmanuel Macron has voiced his objections against a NATO proposal to set up an office in Tokyo, arguing that the transatlantic security alliance must focus on the North Atlantic region.
This stance, amidst escalating tensions in the Indo-Pacific region, complicates NATO's plans and could potentially impact the alliance's relationships. Watch this detailed analysis with Vantage on Firstpost.

Republican presidential hopeful Nikki Haley called India one of the biggest polluters in the world. Her statement triggered a backlash in India where citizens accused her of peddling falsehoods. What does the data say about America 's role in environmental pollution?

France's Karim Benzema becomes the latest player to head to the Saudi Pro League. Saudi Arabia is betting big on football. It has announced that some major clubs will be privatised to make the league more competitive.
Why is Riyadh so focused on football? It hopes the sport will be a part of Riyadh's vision 2030, the plan to diversify the Saudi economy.

Firstpost | World News | Vantage

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Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.

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China's Debt Woes Intensify with Another Real Estate Giant in Trouble | Vantage on Firstpost

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