Five of China's largest state banks saw third-quarter profits rise by more than 10% as bad loans held steady, even as smaller lenders felt tremors from the ongoing debt woes at developer Evergrande.
China Evergrande Group has supplied funds to pay interest on a dollar bond, a person with direct knowledge of the matter said on Friday, days before a deadline that would have seen the developer plunge into formal default.
Breaking News, Latest News and Current News from OANN.com. Breaking news and video. Latest Current News: U.S., World, Entertainment, Health, Business, Technology, Politics, Sports.