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December 9, 2021

Teresa Kong, portfolio manager at Matthews Asia, discusses the prospects for China's real estate sector. Creditors of property developer Kaisa Group Holdings Ltd. have yet to receive payment on a $400 million dollar bond that was due to mature Tuesday, while China Evergrande Group looks poised to begin a process of overhauling its balance sheet without a government bailout. Kong also discusses China's monetary policy and the outlook for the local currency on "Bloomberg Daybreak: Australia."