The Evergrande Crisis has continued to rage on in China. They have been given a 30-day grace period by the Chinese government. Evergrande still has about $304 billion in liabilities and $19 billion of that is in us bonds. While Evergrande failed to pay the most recent interest payment on its offshore bonds, they managed to settle with onshore bonds. They have missed there $83.5 million dollar payment and the Chinese government is working out a way to deal with the company.
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