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

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, 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 202......

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Law & Politics

2026-04-14 13:30:41

Kyiv, Ukraine, April 14, 2026 (AFP) - Russian strike kills four in Ukrainian city of Dnipro: governor

2026-04-14 13:30:41

Beijing, April 14, 2026 (AFP) - Lavrov bashes efforts to 'contain' Russia, China on Beijing visit

2026-04-14 13:30:41

Berlin, April 14, 2026 (AFP) - Zelensky says pipeline taking Russian oil to Hungary will reopen by end of April

2026-04-14 13:30:41

Paris, France, April 14, 2026 (AFP) - Twin suicide attacks rocked Algeria Monday during Pope's visit: informed source, verified footage

2026-04-14 13:30:41

Paris, France, April 14, 2026 (AFP) - French minister seeks ban of Kanye West concert in Marseille: source

2026-04-14 13:30:41

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