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Hong Kong CNN —

One of China’s leading property developers, Sunac, has filed for bankruptcy protection in the United States, shortly after winning approval from its creditors to restructure nearly $10 billion worth of debt.The company filed a petition for Chapter 15 protection with the US Bankruptcy Court for the Southern District of New York on Tuesday.It’s the second big distressed Chinese developer in weeks to seek such protection: Evergrande made a […]

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By Donato