Finance & economics | Evergrande plans
Time for orderly resolution for Evergrande is running out
If the state has a grand plan, it will need to make it known soon
|HONG KONG
Editor’s note (October 22nd 2021): This story has been updated for reports that Evergrande has made one of its missed offshore-bond payments.
HOMEBUYERS, investors and analysts have been waiting for months for a peep from China’s regulators on a plan for Evergrande, a massive homebuilder on the brink of collapse. But when the central bank at last chimed in on October 15th to say that the risks were controllable, few took comfort.
This article appeared in the Finance & economics section of the print edition under the headline "Evergrande plans"
Finance & economics October 23rd 2021
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- Time for orderly resolution for Evergrande is running out
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