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Evergrande resumes work on projects in southern China

Indebted Chinese property developer seeks to reassure investors with pictures of workers

Evergrande, the Chinese property developer battling high debt, said it had resumed work on a handful of projects across the Pearl River Delta in southern China as it sought to reassure anxious investors.

The announcement came after Evergrande made an $83.5m interest payment on one of its offshore bonds that it had missed in September, state media reported on Friday.

In a post on the company’s WeChat social media account on Sunday, Evergrande published pictures of workers at projects in at least nine southern cities, emphasising that some had even finished construction. Some of the timestamped pictures of the projects in Guangdong province were of tradesmen painting the interiors of the apartments.

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