Evergrande makes coupon payment ahead of Friday deadline: Reuters

The sign of the Evergrande China Center appears on the facade of the building. Catherine Cheng | SOPA photos | Light Rocket | Getty Images Two people with direct knowledge of the matter said cash-strapped China Evergrande Group made payments for an offshore bond coupon before the grace period expired on Friday. Evergrande, once a … Read more

Defaults risks for other developers, PBOC on Evergrande

Aerial photography of “River View House” on the side of the Yangtze River. Yichang, Hubei Province, October 16, 2020. Coastfoot | Barcroft Media | Getty Images The fallout in China’s real estate sector shows no signs of abating, as more developers risk default – even as uncertainty over the debt-burdened Evergrande’s fate looms. All eyes … Read more