News Snapshot:
A banner selling the Emerald Bay residential challenge outdoors the China Evergrande Centre within the Wan Chai space of Hong Kong, China, on Friday, July 23, 2021. Lam Yik | Bloomberg | Getty Photographs Embattled developer China Evergrande on Tuesday stated its property gross sales will doubtless proceed to drop considerably in September, leading to an extra deterioration of its money scenario. The agency reiterated it may default on its debt, repeating a warning it issued two weeks ago . Evergrande has been attempting to promote some property to ease its liquidity crunch, however stated these efforts have not yielded...
