Commentary What would appear to be an American-dream, rags-to-riches story may not have a happy ending for the founder of Evergrande, China’s largest real-estate developer. After rating agency Fitch lowered the company’s rating to near default, the founder’s history of high-leverage business investments may have finally run the company dry. As the company appears to…
The Story of Evergrande’s Founder and What It Means for the Company’s Future
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