China real estate company Evergrande Group narrowly avoids default

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Published on 22 Oct 2021, 19:27
China property company Evergrande group paid $83.5 million to international bondholders Friday just hours ahead of its deadline, temporarily preventing a default. Chen Zhao, the chief global strategist for Montreal investment firm Alpine Macro, joined CBSN to discuss the latest on Evergrande's financial troubles.

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