Reuters(@Reuters):Hui Ka Yan, once Asia's richest person and the founder of China Evergrande, who came to personify the boom and bust of China's property market was sentenced to life in prison last week by a Chinese court. But the collapse of the sector, entering its sixth year, remains a drag on the world's second-biggest economy, a pain point for millions of households and a force for export-reliant growth and trade friction for ‌China

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2026.08.24 01:43

Hui Ka Yan, once Asia's richest person and the founder of China Evergrande, who came to personify the boom and bust of China's property market was sentenced to life in prison last week by a Chinese court. But the collapse of the sector, entering its sixth year, remains a drag on the world's second-biggest economy, a pain point for millions of households and a force for export-reliant growth and trade friction for ‌China