Evergrande has made its latest bond payment. Goodness knows where the money came from, probably from Xu Jia Yin personally.

It fits this adage perfectly, “If you owe the bank $100 that’s your problem. If you owe the bank $100 million, that’s the bank’s problem.”

There are far too may vested interests involved to let this fail.

Thousands of empty finished Evergrande apartments in the Luoyang Province.