China property crisis: Evergrande fights demolition of dozens of buildings
Al Jazeera, 13 Jan 2022
A property crisis in China is deepening as the number of debt-ridden developers grows after Beijing capped their loans.
Real estate giant Evergrande is struggling to pay back $300bn in loans.
And the company is now fighting the demolition of dozens of apartment blocks.
Al Jazeera’s Katrina Yu reports from Danzhou in Hainan province, China.
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