BEIJING –On April 13, Xu Jiayin—once China’s richest man and the powerful founder of China Evergrande Group—pleaded guilty in court to eight criminal charges, according to multiple Chinese and international media reports. The case marks one of the most dramatic downfalls in modern Chinese corporate history. Only days later, from the safety of the United […] The post China’s Evergrande Founder Pleads Guilty to Eight Criminal Charges first appeare…
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