Signage on the China Evergrande Centre in Hong Kong. The Chinese property developer has failed to honour $84 million worth of interest payments, fuelling fears of a default. AFP
Signage on the China Evergrande Centre in Hong Kong. The Chinese property developer has failed to honour $84 million worth of interest payments, fuelling fears of a default. AFP

Business

Money

Evergrande crisis sparks risk-off sentiment in Asia

The property developer has failed to honour $84m in interest payments, fuelling fears of a default

Gaurav Kashyap

September 21, 2021

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