this post was submitted on 19 Mar 2024
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What’s next for Hui Ka-yan after China slapped Evergrande with a 4.2 billion yuan fine and banned him from the markets for life? (www.scmp.com)
submitted 10 months ago by [email protected] to c/[email protected]
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[–] PainInTheAES 6 points 10 months ago

┐⁠(⁠´⁠ー⁠｀⁠)⁠┌

[–] thesporkeffect 5 points 10 months ago (1 children)

I don't respect any authoritarian but I appreciate that China at least has some leverage over their billionaires

[–] [email protected] 3 points 10 months ago

Jail, hopefully.

[–] coffeebiscuit 2 points 10 months ago

(ノಠ益ಠ)ノ彡┻━┻

[–] Inucune -2 points 10 months ago (1 children)

Is he just the fall guy for everyone above him?

[–] [email protected] 8 points 10 months ago

He's the CEO.

[–] Kbobabob -2 points 10 months ago (1 children)

I don't really care. Do you?

[–] [email protected] 5 points 10 months ago

Nope, but it is interesting to see the difference between how a capitalist gov and a socialist gov handle a real estate crisis