Thursday, September 23, 2021

China Evergrande Faces Key Payment Deadline


Troubled real estate developer China Evergrande faces a key deadline today... to make an $83-and-a-half billion dollar interest payment on an offshore bond coupon.

It's seen as a crucial moment that could signal to global investors just how far its debt woes might spill beyond China's property sector.

Patrick Fok reports from Beijing.

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LINK: http://fsnradionews.com/feeds/0923_evergrande_pfok.mp3