Chinese property giant Evergrande conceded it is under “tremendous pressure”, a day after insisting it will avoid a bankruptcy. They are now sinking under a mountain of liabilities totaling more than $300 billion after years of borrowing to fund rapid gro

Chinese property giant Evergrande conceded it is under “tremendous pressure”, a day after insisting it will avoid a bankruptcy. They are now sinking under a mountain of liabilities totaling more than $300 billion after years of borrowing to fund rapid gro