Evergrande, a debt-ridden Chinese conglomerate, is being fought to save by a self-made Chinese billionaire. - NewsBreak
By Alvarez in Business
Updated 3 years ago
Evergrande, a debt-ridden Chinese conglomerate, is being fought to save by a self-made Chinese billionaire. For much of the last two decades, Xu Jiayin's fortunes have paralleled China's rapid expansion – but now he is fighting to preserve his Evergrande company from a debt morass. The 62-year-old, also known as...