> Will the People's Bank of China be paying Evergrande's foreign debts (aka bonds)? No, why would they do that? They're saying that they'll pump money into the

> Will the People's Bank of China be paying Evergrande's foreign debts (aka bonds)? No, why would they do that? They're saying that they'll pump money into the economy to prevent a price slump from causing other defaults, there's no expectation whatsoever that there will be any compensation to bondholders; losing money if the company defaults is part of the bond investment business. China might offer some assistance (e.g. subsidized loans) to some affected local companies for domestic policy reasons, but they're very unlikely to gift money to foreign investors in this case.