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https://www.barrons.com/articles/chinese-stocks-get-reprieve-as-evergrande-avoids-default-why-investors-still-need-to-look-for-trouble-ahead-51634923991

Debt-laden developer China Evergrande Group avoided a default on Friday, making a payment on its dollar bond coupon ahead of this weekend’s deadline, and Chinese stocks broadly have gotten a recent reprieve. But the reasons for investors to stay cautious on China-related investments are plentiful.

The KraneShares CSI China Internet exchange-traded fund (KWEB) is up 7.7% over the past week, retracing some of the losses of this year. The reasons are diverse, including Alibaba Group Holding (BABA) co-founder Jack Ma popping up in Spain—his first spotting abroad after China’s crackdown on Ant Group and Alibaba. His movements suggest the previously outspoken executive hadn’t been banned by authorities from leaving China.  But challenges could still be ahead—for Chinese technology companies, the economy and global portfolios.

Debt-laden developer China Evergrande Group avoided a default on Friday, making a payment on its dollar bond coupon ahead of this weekend’s deadline, and Chinese stocks broadly have gotten a recent reprieve.

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