China's Evergrande resumes work on more than 10 projects

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BEIJING: China Evergrande Group said on Sunday (Oct 24) it had resumed work on more than 10 projects in Shenzhen, Dongguan and other cities - a statement that comes after it appeared to avert default with a last-minute bond coupon payment last week. Evergrande, which has about US$300 billion in liabil

BEIJING: China Evergrande Group said on Sunday it had resumed work on more than 10 projects in Shenzhen, Dongguan and other cities - a statement that comes after it appeared to avert default with a last-minute bond coupon payment last week.

It added that its effort to guarantee construction would shore up market confidence. The report included several photos of construction workers on different projects, stamped with the time and date.on a US dollar bond has bought Evergrande another week to wrestle with a debt crisis looming over the world's second-biggest economy.

 

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Yesssss 🎆🎆🎆🎆🎆Can't wait to see fat uk and newyork media cry of jealousy. 🎆🎆🎆🎆🎆🎆😂 . They thought evergrande is over finished and doomed and they were so happy about it . losers 😂

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