The Wall Street Journal reports that Chinese property developer Evergrande faces imminent liquidation after talks with its overseas creditors failed to reach a deal.
- Evergrande and creditors couldn't agree on a restructuring plan
- Talks have have broken down
- Creditors are said to support the liquidation plan at today's court hearing
![Evergrande China 18 August 2023](https://images.forexlive.com/images/Evergrande%20China%2018%20August%202023_id_77b9723d-1d24-49e2-a70d-228436a0cc7c_original.jpg)