Oct 30, 2023
Chinese property giant Evergrande given one last chance to agree debt deal
A woman rides a scooter past the construction site of an Evergrande housing complex. Local governments have relied mainly on real estate for revenue and now it needs to shift to taxes. (Jade Gao/AFP via Getty Images)
Jade Gao/AFP via Getty Images
From the BBC World Service: Evergrande has been told it has weeks to avoid liquidation by agreeing a repayment plan for the money it owes.
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