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China’s Evergrande Sales Drop 39% in 2021

Adel 5 January, 2022 5:03 pm Forex Market, Market Update

The total sales of Evergrande, the Chinese real estate developer, declined in 2021 by 39% to 443 billion yuan, or 69 billion dollars, from 723 billion yuan in 2020.

It is reported that the company’s shares were suspended from trading on the Hong Kong Stock Exchange on January 3, as Evergrande suffers from a major debt crisis.

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