London Daily

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Thursday, Jan 27, 2022

Evergrande’s EV arm warns of cash crisis as property group misses payment deadline

Evergrande’s EV arm warns of cash crisis as property group misses payment deadline

The electric car arm of China’s embattled property developer Evergrande said it faces an uncertain future unless it gets a swift injection of cash, sounding the alarm that the company’s liquidity crisis is mounting.
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