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China’s Evergrande dodges default, for now, with 11th-hour payment

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“Whereas it’s clearly a constructive step, individuals wish to see a viable plan for the following cost,” mentioned Scott Mollen, a accomplice at Herrick Feinstein, a New York-based legislation agency that represents some Chinese language actual property corporations. “The elemental points stay and have to be addressed.”

https://www.washingtonpost.com/world/asia_pacific/evergrande-china-debt-bond-payment/2021/10/22/eff0c986-2fd9-11ec-8036-7db255bff176_story.html?utm_source=rss&utm_medium=referral&utm_campaign=wp_business | China’s Evergrande dodges default, for now, with Eleventh-hour cost

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