Evergrande Shares Sink 7 Percent, State Media Silent

NTD Newsroom
By NTD Newsroom
September 21, 2021China in Focus
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Chinese investors are voicing concerns about real estate developer Evergrande’s massive debt, despite efforts from the group’s chairman to lift confidence in the firm. Beijing is still showing no signs it will rescue the firm or block potential domino effects from tumbling onto the global economy.

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