Evergrande has dodged default, again.

A Reuters source said Thursday (November 11) that some bondholders received overdue payments at the last minute.

That’s the third time in the last month that the ailing developer has narrowly avoided a default.

The world’s most indebted property firm has over $300 billion in liabilities.

If it goes under, investors fear a ripple of other collapses across China’s $5 trillion property sector.

The U.S. Federal Reserve has warned of risks to the global financial system.