Evergrande debt deadline passes with 'no sign of payment': report

Chinese developer faces new risk to restructuring and housing construction

20211229N Evergrande project

Residential buildings are under construction as part of an Evergrande development project in Suzhou, Jiangsu Province. © Reuters

NORIYUKI DOI, Nikkei staff writer

SHANGHAI -- China Evergrande Group appears to have missed another bond payment deadline, potentially complicating the embattled property developer's ongoing attempts to restructure offshore debt and complete housing projects.

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