Embattled China Evergrande Group is putting on a brave face even as it teeters on the brink of collapse, saying it has been steadily delivering homes and repaying suppliers as required by the central government.The Chinese developer, saddled with 1.97 trillion yuan (US$308.5 billion) of liabilities, said on its official WeChat account on Wednesday that it had handed over 57,462 homes since July across 184 projects, from Harbin in northern Heilongjiang province to Urumqi in the northwest…
Source : South China Morning Post
Read more…Evergrande crisis: delivery of homes continues to decline, vendors receive property in lieu of overdue payments















