Founder of China’s disgraced property giant jailed for life, as firm fined over US$2 billion
China sentenced the founder of embattled property giant Evergrande to life in prison and fined the group more than US$2 billion on Thursday for offences including fraud, five years after a high-profile default. Evergrande Group was once the face of Chinese real estate, surfing a decades-long property boom as it peddled home-ownership dreams. But its […]
We haven't written up this one. Hong Kong Free Press - China has the full story — the link below goes straight to it.
