The property developer is said to be struggling with its £267 billion debts.
A giant Chinese real estate developer that is struggling to avoid defaulting on 340-billion-dollar debt said it is asking a US court to approve a restructuring plan for foreign bondholders and rejected claims that it has filed for bankruptcy.
China’s government has tried to reassure investors that its problems are contained and that lending markets will be kept functioning.
Belgique Dernières Nouvelles, Belgique Actualités
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