China property giant Evergrande assures investors, customers amid reports of financial woes

With 1.95 trillion yuan in liabilities, Evergrande is the world's most indebted real estate company. PHOTO: BLOOMBERG
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BEIJING - Evergrande Group, the second largest property developer in China, has sought to assure customers and investors that it is business as usual, following recent news reports that the company is in deep financial woes.

On Monday (June 7), the group posted on its website that it had offered discounts on some of its projects as part of an annual promotion.

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