China

Xu Jiayin's Life Imprisonment Sentence is a Form of Retribution.

On the morning of August 20, various mainland media outlets reported that the Intermediate People's Court of Shenzhen City, Guangdong Province, imposed multiple penalties on Evergrande Group, including a fine of 8.82 billion yuan; Evergrande Real Estate was fined 7 billion yuan; and Xu Jiayin re