HONG KONG -- China Evergrande Group has averted yet another default at the last minute after it remitted overdue interest payments on a bond within the grace period, two investors said.
China debt crunch
China Evergrande dodges default again with interest payment
Two investors say they got coupon payment late Thursday, a day ahead of deadline
An Evergrande sign is seen at an unfinished theme park in Evergrande Cultural Tourism City in China's Jiangsu Province on Oct. 22. © Reuters
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