Evergrande Centre building in Shanghai, China. The heavily indebted Chinese property developer made a key offshore interest payment a day ahead of a weekend deadline, averting a default for now. EPA
Evergrande Centre building in Shanghai, China. The heavily indebted Chinese property developer made a key offshore interest payment a day ahead of a weekend deadline, averting a default for now. EPA

Business

Markets

European and Asian stocks rebound as Evergrande avoids payment default

A record-breaking overnight lead from Wall Street also supported markets

AFP
London, Oct 22, 2021 (AFP)

October 22, 2021