LeadStory

EVERGRANDE DEFAULT

Chinese property giant Evergrande is facing the prospect of bankruptcy, reportedly unable to pay off its multi-billion dollar debts.


Evergrande rejects reports of 'fire sale' to clear debts

Evergrande rejects reports of 'fire sale' to clear debts

Troubled Chinese property giant Evergrande says it aims to complete 600,000 apartments this year, and won't be doing any fire sales to clear its mountain of debt. Julian Satterthwaite reports.

Reuters
Reuters