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China debt crunch

China Evergrande's financial woes take a bite out of suppliers

Property developer's spiraling debt crisis ripples far and wide

Officials have ordered the demolition of dozens of buildings at troubled China Evergrande's manmade Ocean Flower Island in Danzhou over allegations of illegal building permits.

HONG KONG -- Angry bondholders aren't the only ones smarting from China Evergrande Group's spiraling woes.

The embattled property developer faces mounting unpaid bills to suppliers across the country, from a Beijing-based construction materials company to interior designers in Shenzhen, and they say that Evergrande's troubled finances are dragging them into the red, according to a Nikkei Asia review of the listed companies' public filings. 

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