China Evergrande communicates with Wuhan over repossessed land
10:55 pm Thursday, November 24th, 2022
(Reuters) – Debt-laden developer China Evergrande Group is communicating with a Chinese municipal district in Wuhan City that repossessed 134,500 hectares (332,356.7 acres) of land formerly held by a unit of the group.
(This story has been corrected to fix repossessed land to 332,356.7 acres from 332.4 acres in paragraph 1)
(Reporting by Riya Sharma in Bengaluru; Editing by David Goodman)