{video} Chinese property developer Evergrande Group says it will withdraw the application for Chapter 15 bankruptcy protection which it filed with a US court last August. The heavily-indebted developer has been discussing with creditors how to repay its foreign-currency-denominated debts since it filed for the protection. But the liquidation order made by a Hong Kong high court in January made it virtually impossible for the company to implement the debt-restructuring plan. Evergrande on Sunday announced its decision to withdraw the Chapter 15 application, saying that it's difficult to implement debt-restructuring as ... (full story)