August 20, 2026

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China real estate giant Xu Jiayin sentenced to life in prison

World France 24
Image: France 24

The founder of China Evergrande Group, the world's most-indebted property developer, was sentenced to life in prison by a Chinese court on Thursday, five years after the firm's collapse shook the nation's economy and financial markets.

France 24 reported this story. Read the full report on france24.com →

This is a short summary. France 24 wrote and published the full report.

Continue on france24.com →

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