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.
Chinese developer faces new risk to restructuring and housing construction
Residential buildings are under construction as part of an Evergrande development project in Suzhou, Jiangsu Province. © Reuters
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.