News Analysis Stranger things have happened, but not frequently. The huge Chinese property developer, Evergrande, after missing an $83 million interest payment on a portion of its dollar-denominated debt, suddenly sent funds to its trustee to make the payment. This move came barely within the usual 30-day grace period for payment—just in time—in other words, to save Evergrande from being held in default. The company has also skipped payments on some $20 billion in other dollar-denominated debt, but these so far remain within the 30-day grace period. Since Evergrande has had trouble raising funds to meet its $90 billion in interest-bearing debt obligations, much less its $300 billion in overall liabilities, the question naturally arises about where Evergrande got the money for this latest payment. There is reason to suspect that the regime in Beijing had a hand in this matter and will continue to play a role. Given the …