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Crisis continues for China’s real estate developer Evergrande

China’s second largest real estate developer Evergrande has been officially declared in default by credit agencies. The ramifications of this will be felt by homebuyers and millions who rely on the sector for employment. Al Jazeera’s @Katrina Yu reports from Suzhou, China. – Subscribe to our channel: http://aje.io/AJSubscribe – Follow us on Twitter: https://twitter.com/AJEnglish – Find us on Facebook: https://www.facebook.com/aljazeera – Check our website: https://www.aljazeera.com/ #AlJazeeraEnglish #China #Evergrande