The Chinese tycoon behind Evergrande
Oct 01, 2021
2 minutes
“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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