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China Evergrande - the property developer last week accused of massive fraud and of being...

China Evergrande - the property developer last week accused of massive fraud and of being technically insolvent - is no Sino-Forest. The county's 2nd largest property developer, the company is likely too big and too well-connected to fail. The allegations will force a 2nd look at John Hempton's description of China as a kleptocracy on a scale never before seen in human history.
Comments (1)
  • Perhaps they are not so different from their western brothers after all.
    25 Jun 2012, 08:10 AM Reply Like
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