Beleaguered British fashion brand New Look has announced it will close all 120 of its stores in China as well as the company's head office in Shanghai due to poor trade performance.
LeEco founder Jia seeks time from creditors to clear outstanding debtsChinese actress Gan Wei, better known as the spouse of beleaguered tycoon Jia Yueting, said on Wednesday that she would deal with the debt issues plaguing LeEco.
Efforts are also gathering pace to aid the beleaguered housing market that contributes one-quarter of China's GDP.
The old caravan passage, however, is now less traveled and left beleaguered by glaciers and snow mountains.
Another seven real estate companies beleaguered by debt defaults have also suspended trading due to belated disclosure of their fiscal results.
The struggling Faraday Future, set up by beleaguered LeEco founder Jia Yueting, had said on Monday that it received approval from the US Committee on Foreign Investment for a $2 billion capital infusion from Season Smart, as part of a stake deal last year.
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