From China’s Richest Man to a Prison Cell: The Evergrande Founder’s Life Sentence Explained
A court in Shenzhen has jailed the man who built China's largest property empire. On August 20, the Shenzhen Intermediate ...
Tag: Evergrande
Chinese investors stash million in Australia as they flee burning markets at home
Guess what rich people in China are doing- slashing millions in Australia and fleeing burning markets at home. Yes, people ...
Jinping hits the panic button as Chinese investors move their money out of China
The Chinese economy is in a bad state. There is absolutely nothing going right for the Chinese economy. The real ...
‘Offence is the best defence,’ Alibaba is back with an offensive strategy against Xi Jinping
Nine months ago, Alibaba Group owner Jack Ma was the richest man in China. His tech empire was one of ...
Chinese money manager fleeces a Chinese developer of $313 million and disappears
The Evergrande crisis of China has led to a series of companies in China defaulting on their huge loans. Fantasia Holdings, Sinic Holdings, ...
Chinese companies are openly defying Jinping’s IPO crackdown
Xi Jinping thinks he is smart. He thinks he can throw Chinese companies off-track and snap their financial sources. However, ...
Starting with Evergrande, CCP begins the brutal nationalization of all corporate entities in China
Evergrande has defaulted. Global credit rating agency – Fitch Ratings, cut Evergrande to “restricted default” over its failure to make ...
China’s Evergrande finally defaults and foreign investors may never get their money back
What was feared has finally come true, as China’s real estate giant Evergrande has taken the final few steps to ...
To hide its economic downfall from the world, China dons an invisibility cloak
China is donning an invisible cloak. The second-largest economy of the world is fast emerging as the big “black box” ...
Citibank gives a multi-billion dollar jolt to China and rolls out the red carpet for Taiwan
Chinese President Xi Jinping keeps asserting the ‘One China’ principle. He keeps asking the world to not treat Taiwan as ...
China’s banks are drying up and Jinping is hellbent on squeezing out the rest of the cash
It is never a good idea to snatch the money out of the pockets of citizens, which they had kept ...
4 more Chinese real estate companies topple, even Singapore feels the jolt
The domino effect of the falling of Chinese companies is in full swing, as one after another, four Chinese real ...
