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MoneyWeek

The Chinese tycoon behind Evergrande

“Xu’s story is emblematic of China’s economic miracle in the last three decades”

In his heyday, Xu Jiayin was the poster boy of China’s “crazy rich” – the personification of the country’s uneasy transition to “freewheeling dealmaking” within an authoritarian system, says SupChina, a US-based news platform. In 2012, he rocked up to China’s annual legislative conference wearing a flashy gold-buckled Hermès

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