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Myanmar truckers slog on as conflict clogs trade highway
Myanmar truckers slog on as conflict clogs trade highway
by  AFP

Standing beside his cargo of Thai fruit and furniture, truck driver Ko Cho steels himself for a journey to Myanmar's Yangon that will demand bribes, dodging landslides and navigating a raging civil war. Once a truck is safely out on the road, "checkpoints" run by the military or its militia allies demand fees of roughly 150,000 kyat ($75) per truck per journey to Yangon, Aung Htoo said.

China's Country Garden says might not meet all debt obligations
China's Country Garden says might not meet all debt obligations
by  AFP

Debt-saddled Chinese property giant Country Garden said Tuesday that it did not expect to meet all of its offshore payment obligations in time as it battles to avoid default. In a filing with the Hong Kong Stock Exchange, the firm said it "expects that it will not be able to meet all of its offshore payment obligations when due or within the relevant grace periods".

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