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World
September 22 2021 5:14pm

Evergrande meltdown: Debt deal reached, but will it satisfy investors?

China Evergrande agreed to settle interest payments on a domestic bond on Wednesday, while the Chinese central bank injected cash into the banking system, soothing fears the debt-laden property developer could trigger a larger collapse. Anne Gaviola explains what is behind the company’s debt problems, and whether this deal will keep investors satisfied

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