Sep 23, 2021CORE
Evergrande Misses Dollar-Bond Interest Payment as Liquidity Crisis Deepens
Evergrande failed to make an $83.5 million dollar-bond interest payment by its deadline, bringing the heavily indebted developer's liquidity crisis into sharp focus.
Sources
- Evergrande misses payment deadline, EV unit warns of cash crunchReutersENNews article
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OngoingEconomy · 2021
China Property Crisis and Evergrande Collapse
Tracks China's property crisis from Evergrande's 2021 liquidity crunch and default through unfinished housing and mortgage boycotts, Country Garden's debt crisis, Evergrande's liquidation and delisting, government rescue measures, and the 2026 reform of the housing presale system.
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