Evergrande says it has resumed work on 10 stalled projects
Beijing (AFP) Oct 25, 2021
Shares of embattled Chinese developer Evergrande rose Monday after it said it had resumed work on more than 10 projects, as it sought to soothe fears about its debt struggles. The liquidity crisis at one of the nation's biggest property developers has hammered investor sentiment, rattled China's crucial real estate market and fuelled talk of spillover into the wider economy. But the firm