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

|By:, SA News Editor

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.