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Modern Land failed to make a $US250 ($AU334) million dollar bond payment that matured on Monday. The Chinese developer, which works on green projects,
China's troubled property giant Evergrande has made a key offshore interest payment a day ahead of a weekend deadline, state media said Friday, averting a default and buying the embattled company a r…
The Chinese property developer was due to make US$148mln of interest payments on dollar-denominated bonds on Tuesday, but bondholders said...
The Chinese property developer was due to make US$148mln of interest payments on dollar-denominated bonds on Tuesday, but bondholders said...
Real estate giant Evergrande has been building 15 amusement park projects across China, dubbed "Fairyland," that are meant to rival Disneyland.