China Warns Banks Evergrande Won’t Make Interest Payments

The transcript discusses the financial crisis faced by Evergrande, highlighting missed payments and the hiring of restructuring advisors. It explores investor reactions, including protests and potential legal actions, and considers the broader implications for Chinese credit markets. The focus is on upcoming key dates, such as the September 23rd coupon payment, which could signal a major default if missed.

What is the significance of the upcoming coupon payment due on September 23rd?

What are the potential consequences if Evergrande fails to pay its coupon?