China property crisis: Evergrande fights demolition of dozens of buildings
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A property crisis in China is deepening as the number of debt-ridden developers grows after Beijing capped their loans. Real estate giant Evergrande is struggling to pay back $300bn in loans. And the company is now fighting the demolition of dozens of apartment blocks. Al Jazeera’s Katrina Yu reports from Danzhou in Hainan province, China. – Follow us on Twitter: https://twitter.com/AJEnglish/ – Find us on Facebook: https://www.facebook.com/aljazeera/ – Check our website: https://www.aljazeera.com/ #China #Evergrande #EvergrandeCrisis