To Consider:

If you are silent about your beliefs because you are worried someone will be offended, then your beliefs are not that important to you but rather what people think about you is. What people see about you will speak more loudly than how people feel about you, because in the end, when we stand up for what is right and true, we will have many who hate us or love us but all will know what we are fighting for.

T.B. LaBerge

Terrazas del Rodeo

S&P dumps Chinese property giant Evergrande into default

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3 years 3 months ago - 3 years 3 months ago #1 by Editor

The poster child of China's property crisis China Evergrande Group (3333.HK) was officially declared in default by credit rating agency S&P Global on Friday after the sprawling firm missed a bond payment earlier this month.

"We assess that China Evergrande Group and its offshore financing arm Tianji Holding Ltd. have failed to make coupon payments for their outstanding U.S.-dollar senior notes," S&P said in a statement.

www.reuters.com/world/china/sp-dumps-chinese-property-giant-evergrande-into-default-2021-12-17/

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