<p class="MsoNormal">Fitch Ratings Thursday downgraded two Chinese developers<span style="color:#202124"><span style="background-color:#ffffff">—</span></span>China Evergrande Group and Kaisa Group<span style="color:#202124"><span style="background-color:#ffffff">—</span></span> to "restricted default" from 'C' due to non-payment of offshore bond dues.</p>
