Beijing, April 14, 2026 (AFP) - Founder of China's Evergrande pleads guilty to fraud: court

NAMPA / AFP

2026-04-14

The founder of Chinese property giant Evergrande has pleaded guilty to charges of fraud and bribery, a court said on Tuesday, in the latest blow for what was once the country's leading developer. Evergrande's rise was propelled by decades of rapid urbanisation and rising living standards, but in 2020, its access to credit dramatically narrowed when the government introduced curbs on excessive borrowing and speculation. The company defaulted in......

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Law & Politics

Gaborone, Botswana, April 14, 2026 (AFP) - Botswana seals energy, mining deals with Oman

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Beijing, April 14, 2026 (AFP) - Founder of China's Evergrande pleads guilty to fraud

2026-04-14 10:00:26

Beijing, April 14, 2026 (AFP) - China vows 'countermeasures' to Trump tariff threats

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