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International Business Times
International Business Times
Business
Sebastien RICCI

REVEALED: What we know about evergrande s financial future | Rare Historical Photos

Evergrande was once China's biggest real estate firm (Credit: AFP)

A Hong Kong court on Monday gave Chinese property giant Evergrande until the end of January to put together a restructuring plan, offering the embattled firm much-needed breathing room as it teeters on the brink of bankruptcy.

The real estate giant's astronomical debt has become emblematic of a years-long crisis in China's property market.

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