Exclusive: China Evergrande seeks to avoid liquidation with last-ditch debt plan
cross-posted from: lemmy.ca/post/10372452
With more than $300 billion in liabilities, Evergrande exemplifies a crisis in China’s property sector, which makes up one-quarter of the world’s second-biggest economy.
![](https://kbin.cafe/media/cache/resolve/entry_thumb/62/c1/62c11291c48372973a51522339e7c678263d7779ddcc774c6c6827fc1f370359.jpg)
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