All eyes on whether China will bail out Evergrande or allow controlled detonation

Evergrande may have temporarily averted a default on its coupon payment last Thursday, but all eyes are on how Beijing intends to handle the country's most indebted property developer whose fate it has partly orchestrated as it clamps down on debt-fuelled growth: will it be a bailout or a controlled detonation?

🎁 Catch everyone up and gift this premium article: bt.sg/oZRy