State Media Warn of Weakening Housing Market: Evergrande Update

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Bloomberg 12 October, 2021 - 10:47pm 30 views

Did evergrande default?

Evergrande, the world's most indebted property developer, is set to formally enter default on Oct. 23, when the grace period ends for its first missed bond payment. On Tuesday, the company missed a third round of payments, bondholders confirmed to the Reuters news agency, intensifying investor jitters. The Washington PostAs Evergrande collapse looms, other Chinese developers warn of default

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