China sentences founder of world’s most-indebted property developer to life in prison for fraud, bribery

The founder of the world’s most-indebted property developer was sentenced to life in prison in China for fraud and bribery – five years after his China Evergrande Group collapsed, roiling the Chinese economy and financial markets. Hui Ka Yan, 67, was convicted in a court in the southern city of Shenzhen on Thursday and the companies were [...] The post China sentences founder of world’s…