Wednesday, September 22, 2021

Evergrande strikes deal to meet Chinese bond payment, but foreign dollar investors still up in air

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A teetering Chinese real estate developer unexpectedly struck an 11th-hour deal to pay some of what it owes to its domestic investors on Wednesday, but foreign investors still owed millions of U.S. dollars on Thursday have so far been left hanging.



source https://www.cbc.ca/news/business/evergrande-deal-chinese-bond-payment-1.6185226?cmp=rss

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