China debt crunch

China Evergrande misses another bond payment

Company says work on 20 suspended development projects has resumed

20210930 Evergrande

Holders of Evergrande's dollar bonds are seeking to join forces to press their claims. © Reuters

NARAYANAN SOMASUNDARAM, Nikkei Asia regional finance editor
September 30, 2021 17:11 JST

HONG KONG -- China Evergrande Group has missed a second bond coupon payment in as many weeks, renewing concerns over its ability to repay over $300 billion in liabilities.

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