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Evergrande: Chinese property giant 'misses another payment deadline' - superadmin - 10-01-2021 The hugely indebted Chinese property giant Evergrande has missed interest payments to overseas investors for the second time in a week, reports say. Evergrande was due to pay foreign bond holders $47.5m (£35m) by Wednesday. But bondholders told Reuters news agency and Bloomberg that they were yet to receive any payment. Under agreements with investors, the company has a 30-day grace period before the missed payments officially become a default. Evergrande has not commented publicly on the issue. Once China's top-selling developer, the company is now facing debts of more than $300bn. It has been prioritising its liabilities within China, amid concerns of social unrest. - More -