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Evergrande: China property giant and its founder accused of $78bn fraud (www.bbc.com)
submitted 1 year ago by filoria@lemmy.ml to c/worldnews@lemmy.ml
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[-] pudcollar@lemmy.ml 102 points 1 year ago* (last edited 1 year ago)

If a billionaire is in actual trouble, he's in China. US would have bailed out Evergrande.

[-] Gradually_Adjusting@lemmy.world 36 points 1 year ago

I have pretty severe concerns about how the Chinese government operates, but this is one thing they do right.

[-] Crikeste@lemm.ee 17 points 1 year ago

I have pretty severe concerns about the way the American government operates.

[-] skozzii@lemmy.ca 9 points 1 year ago* (last edited 1 year ago)

We have traded the literal genocide and opression for corporations performing economic genocide and opression on us.

But hey, aren't billionaires cool?

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[-] yogthos@lemmy.ml 47 points 1 year ago

Imagine living in a country where the rich are actually subject to the laws like everyone else...

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[-] Sodium_nitride@lemmygrad.ml 31 points 1 year ago

he was investigated over suspected "illegal crimes"

Are there any legal crimes you guys know of that I can try?

[-] Lemmygradwontallowme@hexbear.net 15 points 1 year ago

Idk, piracy and jaywalkin'...

Then there's loitering?

[-] D61@hexbear.net 13 points 1 year ago

TFW: A writer gets paid by the word...

[-] Crikeste@lemm.ee 5 points 1 year ago

Lobbying is just corruption with a different name.

[-] lorty@lemmygrad.ml 5 points 1 year ago

Anything with a fine you can easily pay.

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[-] Parsani@hexbear.net 30 points 1 year ago

Smh first they come for the corrupt property developers

[-] Blizzard@lemmy.zip 28 points 1 year ago

Fun fact: his last name means a 'dick' in Polish (the most vulgar version of that word).

[-] avidamoeba@lemmy.ca 10 points 1 year ago

Not only in Polish. Pretty sure it's most of Eastern Europe. 🤭

[-] filoria@lemmy.ml 25 points 1 year ago

Gee it sure sucks that Evergrande collapsed. What a horrible sign for the Chinese economy!

[-] turkishdelight@lemmy.ml 12 points 1 year ago

Chinese do not fool around. I expect they will make an example of this guy.

[-] Kusimulkku@lemm.ee 6 points 1 year ago

Man all these bad news about Chinese property market, hopefully there isn't a collapse there as predicted.

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[-] PoliticallyIncorrect@lemm.ee 5 points 1 year ago

He is fucked.. he is a dead man..

[-] peepee_longstonking@lemmy.whynotdrs.org 5 points 1 year ago

Now do Ken Griffin

[-] frauddogg@lemmygrad.ml 4 points 1 year ago

Based. Wish that were us; we've got OODLES of real estate clowns who need to be shoved in a Brazen

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this post was submitted on 19 Mar 2024
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