Debt-ridden Evergrande resumes work on over 10 property projects in China

Debt-ridden Evergrande resumes work on over 10 property projects in China

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

China Evergrande Group said on Sunday it had resumed work on more than 10 projects in six cities including Shenzhen – a statement that comes after it appeared to avert default with a last-minute bond coupon payment last week.

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