Embattled China Evergrande back in court for liquidation hearing

Embattled China Evergrande back in court for liquidation hearing

FILE PHOTO: The Evergrande Center of China Evergrande Group is seen in Shanghai, China September 24, 2021. REUTERS/Aly Song/File Photo

China Evergrande Group goes back to a Hong Kong court on Monday in a high-profile case to decide whether to liquidate the Chinese property developer that has been at the centre of a spiralling debt crisis in the world’s second-biggest economy.

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