World News@lemmy.worldEnglish · 8 months ago

Evergrande: China property giant and its founder accused of $78bn fraud

www.bbc.com

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Evergrande: China property giant and its founder accused of $78bn fraud

www.bbc.com

fne8w2ah@lemmy.world to

World News@lemmy.worldEnglish · 8 months ago

Former billionaire Hui Ka Yan has been fined and faces being banned from the financial markets for life.

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8 months ago
It popped a while ago, but it will take a long time for some people to finally accept that. The parallels to the crash of the japanese housing bubble over 30 years ago are well… staggering. Ironically enough.

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