BEIJING/GUANGZHOU/DALIAN -- China's real estate crisis enters a critical phase on Monday, when a Hong Kong court is expected to hand down a decision on the liquidation of China Evergrande Group, once the country's largest developer.
Industry withers as people on the ground grope for a way out of crisis

Construction work appears to have come to a halt some time ago on this building in a suburb of the northeastern Chinese city of Tianjin. (Photo by Iori Kawate)
BEIJING/GUANGZHOU/DALIAN -- China's real estate crisis enters a critical phase on Monday, when a Hong Kong court is expected to hand down a decision on the liquidation of China Evergrande Group, once the country's largest developer.