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China Evergrande to face its day of reckoning as a formal default looms. So what happens next? – ABC News

The 30-day grace period for a bond interest payment that Evergrande initially missed will expire this week. If no payments are…

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After weeks of radio silence since being suspended from trading on the Hong Kong Stock Exchange, Chinese property giant Evergrande is about to face its day of reckoning.
The 30-day grace period for an offshore bond payment that the company initially missedon…

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