China`s Evergrande says head of EV arm detained

[ad_1] The head of heavily indebted Chinese property developer Evergrande’s electric vehicle unit has been detained, the firm said Monday, the second executive from the company to come under investigation in recent months. COMMERCIAL BREAK SCROLL TO CONTINUE READING Once China’s biggest real estate developer, Evergrande has reported more than $300 billion in liabilities and…

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