China property developer Evergrande faces imminent liquidation ...Middle East

The Wall Street Journal reports that Chinese property developer Evergrande faces imminent liquidation after talks with its overseas creditors failed to reach a deal. Evergrande and creditors couldn't agree on a restructuring planTalks have have broken downCreditors are said to support the liquidation plan at today's court hearing This article was written by Eamonn Sheridan at www.forexlive.com.

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