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Alsephina@lemmy.ml to World News@lemmy.mlEnglish · 1 year ago

What’s next for Hui Ka-yan after China slapped Evergrande with a 4.2 billion yuan fine and banned him from the markets for life?

www.scmp.com

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What’s next for Hui Ka-yan after China slapped Evergrande with a 4.2 billion yuan fine and banned him from the markets for life?

www.scmp.com

Alsephina@lemmy.ml to World News@lemmy.mlEnglish · 1 year ago
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What’s next for Hui Ka-yan after penalty and lifelong market ban?
www.scmp.com
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Evergrande, which has the dubious honour as the world’s most indebted developer with more than US$300 billion of liabilities, stands accused of inflating its revenue in the years leading up to its collapse.

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  • thesporkeffect@lemmy.world
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    1 year ago

    I don’t respect any authoritarian but I appreciate that China at least has some leverage over their billionaires

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      • Alsephina@lemmy.mlOP
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        liberal democracy

        You misspelled capitalist dictatorship

        No, letting people “choose” between two genocidal imperialists every few years isn’t “democracy”. China has far more of an actual democracy than western countries.

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        • TankovayaDiviziya@lemmy.world
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          If you want no government criticism and freedom of speech, sure.

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            • TankovayaDiviziya@lemmy.world
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              Oh yes, very. Like what happened to people at Tianamen Square in 1989.

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