# Evergrande is placed in restricted default after failing to cure offshore payment failures

Date: 2021

_No public text on this fact yet._

## Drivers

- China property / local-government debt crisis: https://factrail.ai/drivers/china-property-crisis

## Sources

_Sources are listed on the canonical page._

## Methodology

https://factrail.ai/methodology

Canonical: https://factrail.ai/facts/evergrande-restricted-default-2021