China's Evergrande calms default fears with $36 million debt deal

Name: China's Evergrande calms default fears with $36 million debt deal
Uploaded: 2021-09-23T15:29:35+00:00
Duration: 1 min 28 s
Channel: DW (English)
Description: The Chinese property developer has bought itself a lifeline by agreeing to make a $36 million interest payment to domestic lenders. Evergrande shares surged after five days of heavy losses.

DW (English)

The Chinese property developer has bought itself a lifeline by agreeing to make a $36 million interest payment to domestic lenders. Evergrande shares surged after five days of heavy losses.

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