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They Would Make an Example of the Man Who Single-Handedly Nearly Brought Down the Chinese Economy
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1 Articles
Hsu Jiayin rose from poverty to become China's richest man, but when his company, the infamous Evergrande, was hit by a debt avalanche after its peak years, it sent the Chinese real estate market into a tailspin that has yet to recover. Hsu pleaded guilty to a series of charges, but that won't make things any better for Evergrande's victims, who are still seeking more than $300 billion in damages.
·Hungary
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