Insight - China Evergrande teeters again, but investors are less fearful

Little clarity: A woman and child walking by a map showing Evergrande’s projects in China. The developer can still settle an overdue US$82.5mil (RM349.22mil) bond payment which has now reached the end of its grace period, but it has warned it might not. — AP

JUST three months after narrowly avoiding collapse, the world’s most indebted developer China Evergrande Group is teetering on the brink again and investors are still unclear how much or for how long the problems could reverberate.

With over US$300bil (RM1.69 trillion) of liabilities and more than 1,300 real estate projects, Evergrande has been the poster child of a property crisis in China this year that has already ripped down nearly a dozen smaller developers.