Bloomberg Television
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China Tells Evergrande to Avoid a Near-Term Default
Posted
September 23, 2021
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26,342
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September 23, 2021
26,342
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2:12Now PlayingSep.23 -- Financial regulators in Beijing issued a broad set of instructions to China Evergrande Group, encouraging the embattled developer to take all measures possible to avoid a near-term default on dollar bonds while focusing on completing unfinished properties and repaying individual investors. Damian Sassower of Bloomberg Intelligence is on "Bloomberg Markets: European Close."
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