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China Evergrande unit gets notice for $4.48 billion loan

China Evergrande unit gets notice for $4.48 billion loan

Logos of China Evergrande are seen on taps outside China Evergrande Centre building in Hong Kong, China December 7, 2021. REUTERS/Tyrone Siu/Files

(Reuters) - Debt-laden Chinese property developer China Evergrande Group said on Tuesday its unit received a notice of enforcement for unrecoverable funds amounting to 32.595 billion yuan ($4.48 billion).

($1 = 7.2680 Chinese yuan renminbi)

Source: Reuters

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