China's Evergrande to make bond payment

By Megan Davies and Sumeet Chatterjee
Updated September 22 2021 - 12:55pm, first published 12:51pm
World markets are calmer as investors and analysts played down the threat of Evergrande's troubles.
World markets are calmer as investors and analysts played down the threat of Evergrande's troubles.

China Evergrande Group's main unit says it will make a bond coupon payment on September 23, offering some relief to jittery markets that had been on edge over fears that a default of China's No. 2 developer could ripple through the global financial system.