#China property market threat: Concerns Evergrande may default on huge debts

Shares in the Chinese property giant Evergrande have slumped again after two credit downgrades in the past week.

There have been mounting concerns that the company could default on its enormous debts.

Al Jazeera’s Katrina Yu reports from Beijing, China.

Subscribe to our channel: http://bit.ly/AJSubscribe
Follow us on Twitter: https://twitter.com/AJEnglish
Find us on Facebook: https://www.facebook.com/aljazeera
Check our website: http://www.aljazeera.com/
#evergrande
#Chinaeconomy
#AlJazeeraEnglish

Evergrandechina economyeconomy collapse