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China Evergrande communicates with Wuhan over repossessed land

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China Evergrande communicates with Wuhan over repossessed land By Reuters

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(C) Reuters. FILE PHOTO: A partially removed company logo of China Evergrande Group is seen on the facade of its headquarters in Shenzhen, Guangdong province, China January 10, 2022. REUTERS/David Kirton

(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)

China Evergrande communicates with Wuhan over repossessed land

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