Apparently Evergrande are currently defaulting on another payment of over US$100mil. but ssshhhhhh don't tell anyone. Keep it as quiet as possible, especially the main stream media, we don't want to alert anyone to the impending contagion. The institutions that are holding the debt must be breaching corporate laws in not disclosing their liabilities and I can only speculate that the authorities are complicate in this non disclosure because no one seems to have owned up to the already $100s of millions of defaults to date.
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China property giant Evergrande admits debt crisis as protesters besiege HQ, page-26
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