China property developer Evergrande faces imminent liquidation

<p>The Wall Street Journal reports that Chinese property developer Evergrande faces imminent liquidation after talks with its overseas creditors failed to reach a deal. </p><ul><li>Evergrande and creditors couldn't agree on a restructuring plan</li><li>Talks have have broken down</li><li>Creditors are said to support the liquidation plan at today's court hearing</li></ul>

This article was written by Eamonn Sheridan at www.forexlive.com.