Chinese court sentences founder of property developer Evergrande to life in prison

Chinese property developer Hui Ka Yan has been sentenced to life in prison. The decision marks a milestone in Evergrande's saga after it collapsed with more than $300 billion in...

aath
August 20, 2026
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Chinese property developer Hui Ka Yan has been sentenced to life in prison. The decision marks a milestone in Evergrande’s saga after it collapsed with more than $300 billion in liabilities.

(Image credit: Mahesh Kumar A.)

Source: NPR Topics: News