At least eight provinces have set up custodian accounts to ensure money is not diverted to creditors
Developer has a 30-day grace period before it is officially in default
Leading share indices have stabilised, after sinking earlier in the week
Short seller who predicted Enron collapse says crisis could be “far worse” than Lehman crash
Indebted developer will pay £26m interest due, but said nothing about further $83.5m
Beijing is debating whether to bail out the Chinese property developer
Six executives secured early redemptions on investments that lost retail investors money
Beijing has ordered the developer to “actively diffuse debt risk” as bonds fall to 37c on the dollar