Guangzhou Evergrande

Chinese property developer China Evergrande Group has received 5.52bn yuan ($817.8m) from a local government body in Guangzhou for giving up land use rights for a landmark football stadium development

The final, playoff stage of the 2021 Chinese Super League kicks off on Saturday with financial difficulties at clubs casting a pall over the season

The site of a headline-making 100,000-seater football stadium in Guanghzou being built by troubled Chinese property developer Evergrande has been reclaimed by the local government and will be auctioned…