China debt crunch China Evergrande faces default test as bond coupons come due. China Evergrande Group the countrys debt-laden property developer said on Tuesday that there are 240 billion yuan 3715 billion debts due within.
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Snowed under its crushing debt of 300 billion Evergrande is so huge that the fallout from any failure could hurt not just Chinas economy.
Evergrande debt due. The group said in a recent filing that it has 240 billion yuan in total debts due.
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