China Sentences Evergrande Founder To Life In Prison

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Source: Zero Hedge
Published: 2026-08-21 23:45 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Crime & Justice, Property, Asia, China, Tax & Budget, Property & Housing, Crime & Justice, Asia Pacific
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Snippet:
Five years after Chinese property development firm Evergrande Group collapsed under the weight of enormous debt, founder Xu Jiayin was sentenced to life in prison on Thursday.
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