Markets look for possible Beijing intervention as Evergrande default fears loom

Markets look for possible Beijing intervention as Evergrande default fears loom

A logo of Evergrande Group is seen in front of a construction site in Guangzhou, Guangdong province, November 7, 2014. REUTERS/Alex Lee

Default fears continued to stalk China Evergrande Group on Tuesday despite efforts by its chairman to lift confidence in the embattled firm, as markets looked for possible intervention by Beijing to stem any domino effects across the global economy.

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