China's central bank says Evergrande is unique and most real estate developers are stable

The People's Bank of China said Friday indebted developer China Evergrande is its own case, and that most real estate businesses are stable.

China EvergrandeProperty giant Evergrande has $300 billion in liabilities and missed yet another payment to investors in U.S. dollar-denominated debt on Oct. 11. The developer ranks second in China by sales, prompting some concerns of another.

China EvergrandeProperty giant Evergrande has $300 billion in liabilities and missed yet another payment to investors in U.S. dollar-denominated debt on Oct. 11. The developer ranks second in China by sales, prompting some concerns of another

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