Ailing Evergrande seen edging closer to brink

Worried investors have already been protesting.

They want to be repaid money owed by ailing Chinese property giant Evergrande.

But the firm is edging closer to the brink, according to Bloomberg reports on Wednesday (September 15).

It says banks have been told that Evergrande won't make loan interest payments due in the coming days.

That raises the specter of a messy meltdown.

Evergrande has $305 billion in liabilities, owed to many different banks and lenders.

Some think Beijing will have to intervene as a result.