Evergrande - on the brink?

Shares of embattled property giant China Evergrande Group were suspended in Hong Kong on Thursday following a report its billionaire chairman has been placed under police surveillance, adding to growing concerns over the developer’s future as it works to restructure and fend off the looming specter of liquidation.

£250 billion in debt - more than the GDP of many small countries

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It’s China. I take it as a given everyone is under police surveillance.

Steve

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