Debt-crippled Evergrande vows ‘full steam ahead’ to deliver homes
BEIJING: Embattled Chinese firm Evergrande will deliver almost four times the number of housing units to buyers in December than in the previous three months, its chairman said, as the real estate behemoth grapples with massive debts. Evergrande, drowning in $300 billion in liabilities, has struggled to repay bondholders and investors after becoming ensnared in Beijing’s … Read more