
SHANGHAI -- A surprise announcement that troubled property developer China Evergrande will make a key bond payment on time this week helped sooth jittery investors on Wednesday, though analysts warn the company remains in a "precarious" position.
Property developer to pay interest on yuan debt but silent on dollar borrowing
SHANGHAI -- A surprise announcement that troubled property developer China Evergrande will make a key bond payment on time this week helped sooth jittery investors on Wednesday, though analysts warn the company remains in a "precarious" position.
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