GUANGZHOU -- Debt-laden property major China Evergrande Group is facing 1,317 lawsuits with combined claims of about 312.4 billion yuan ($45.1 billion), the company said.
Property
China Evergrande faces over 1,300 lawsuits totaling $45bn
Property giant also reports over 150 asset freezes at local arms
A partially removed logo for China Evergrande Group appears on the developer's headquarters in Shenzhen in January 2022. © Reuters
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