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Chinese government starts taking steps to save a real estate company

23.09.2021,16:54


September 23, Fineko/abc.az. The Chinese government has begun to take steps concerning a large real estate company that is under threat of default.

ABC.AZ reports that speech is about Evergrande, and government officials have called on the company's management to launch negotiations.

The company is also instructed to focus on unfinished projects and the gradual repayment of debts to local investors.