And concerns are mounting that if it defaults on its debt it could spell disaster for Chinas. Chinese property giant Evergrande warns again that it could default on its enormous debts By Michelle Toh and CNNs Beijing.
China Evergrande Group is deeply in the red to the tune of 300bn.

Evergrande default china. Vehicles drive near unfinished residential buildings from the Evergrande Oasis a housing complex developed by Evergrande Group in Luoyang China.
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Chinese Property Giant Evergrande Is On The Brink Of Default Cnn Video
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