The slump in home sales showcases the extent of the cash crisis at China’s once-biggest home builder. There is no good news for offshore creditors as a long-awaited restructuring plan remains elusive.
READ SOURCE
asiabusinessalert.com > Real Estate > China Evergrande: crisis crimps home sales to 7 per cent of annual takings while creditors await repayment
China Evergrande: crisis crimps home sales to 7 per cent of annual takings while creditors await repayment
![](https://usercontent.one/wp/www.asiabusinessalert.com/wp-content/uploads/2023/02/1675536053_China-Evergrande-crisis-crimps-home-sales-to-7-per-cent-750x460.jpg)