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China’s property sector stalked by Evergrande default fears as developer misses third deadline – ABC News

A wave of developers face payment deadlines before the end of the year and with Evergrande’s fate looking increasingly bleak,…

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Debt-saddled Chinese property firms took heavy fire in bond markets on Tuesday, after the poster child of the sector’s woes, Evergrande Group, missed its third round of bond payments in as many weeks and others warned of defaults.
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