China's Country Garden seeking to extend payments of another 7 onshore bonds by 3 years

<p>Earlier on the property developer:</p><ul><li><a href="https://www.forexlive.com/news/chinese-developer-country-garden-has-only-hours-to-meet-us225mn-payments-20230905/" target="_blank" rel="follow" data-article-link="true">Chinese developer Country Garden has only hours to meet US$22.5mn payments</a></li></ul><p>Info crossing now that the firm is reportedly seeking to extend payments of another 7 onshore bonds by 3 years. </p><p>The resultant negative sentiment has weighed on 'risk' in the session here:</p><ul><li><a href="https://www.forexlive.com/centralbank/aud-nzd-cnh-all-down-china-pmi-disappoints-worries-re-country-garden-potential-default-20230905/" target="_blank" rel="follow" data-article-link="true">AUD, NZD, CNH all down: China PMI disappoints, worries re Country Garden potential default</a></li></ul>

This article was written by Eamonn Sheridan at www.forexlive.com.