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China officially silent on billionaire Evergrande tycoon's arrest

Por: Newsweek World September 30, 2023

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The Chinese government has denied any knowledge of the legal quandary facing Hui Ka Yan, the founder and CEO of Evergrande who was put under police control this week in the latest episode in the mega developer's years-long fall from grace.China's Evergrande Group announced on Thursday that Hui, its chairman, was suspected of unspecified illegal crimes, and that mandatory action had been taken in line with the law. The statement also... + full article



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