> Default 'inevitable' for China's troubled Evergrande: analyst / V000_9NG37Y
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Default 'inevitable' for China's troubled Evergrande: analyst / V000_9NG37Y
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Description
"Evergrande's default is inevitable," according to Meng Ting, a senior analyst at ANZ Bank Shanghai, who says China's government has been "very clear that it will not rescue Evergrande," as the troubled properly developer remains silent over whether it has made its latest bond interest payment. IMAGES AND SOUNDBITES