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Residential buildings under construction at the Tao Yuan Tian Jing project, developed by China Evergrande Group, right, and at the Wangjiang Mansion project, developed by Country Garden Holdings Co., in Yangzhou, China, on Thursday, Sept. 7, 2023. Country Garden has avoided a default with last-minute bond interest payments, buying what was once the country’s biggest developer by sales a reprieve if only a brief one. Source: Bloomberg

China’s Evergrande resumes Hong Kong trading

The property giant estimated it had debts of $328 billion at the end of June

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