China property market threat: Concerns Evergrande may default on huge debts

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Shares in the Chinese property giant Evergrande have slumped again after two credit downgrades in the past week. There have been mounting concerns that the company could default on its enormous debts. Al Jazeera’s Katrina Yu reports from Beijing, China. Subscribe to our channel: Follow us on Twitter: Find us on Facebook: Check our website: #evergrande #Chinaeconomy #AlJazeeraEnglish
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