Evergrande needs to pay off more than $8bn of offshore debt before the end of next year.
The indebted developer recently narrowly avoided formal default by making several last-minute payments in October. But those payments, together totalling just over $130m, are dwarfed by the vast sum that will become due over the next year.
Just under £700m in interest payments alone is due before the end of February, while principal payments of $2.1bn and $1.5bn are due in March and April.
By December 2022 it will have had to find $8.1bn to pay back its maturing offshore bonds.