BEIJING (AP) – Trying to allay investor fears, some Chinese banks are disclosing what they are owed by a real estate developer struggling with less than $ 310 billion in debt and say they can face a possible default. payment.
The announcements came as the Evergrande group promised to discuss its debt with some individual investors. Other creditors were waiting to see whether Beijing would step in to oversee a restructuring to avoid financial disruption.
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