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China Evergrande misses key payment deadline as market contagion spreads

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Evergrande, the world’s most indebted property developer, is about to formally enter default on Oct. 23, when the grace interval ends for its first missed bond cost. On Tuesday, the corporate missed a 3rd spherical of funds, bondholders confirmed to Reuters, intensifying investor jitters.

https://www.washingtonpost.com/world/asia_pacific/china-evergrande-debt-property/2021/10/12/403d48ca-2b1a-11ec-b17d-985c186de338_story.html?utm_source=rss&utm_medium=referral&utm_campaign=wp_world | China Evergrande misses key cost deadline as market contagion spreads

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