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Pan Shiyi Exposes Real Estate Scam, Ten-Thousand-Word Article Deleted, Angering Beijing?

On April 13th and 14th, the once-dominant Chinese real estate tycoon Xu Jiayin found himself in the defendant's seat at a Shenzhen court. Confronted with a staggering debt of $330 billion, a figure capable of ruining countless families, Xu Jiayin ultimately bowed his head and pleaded guilty.

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ICE director stepping down

US

(The Center Square) – The Department of Homeland Security will see another leadership change as Todd Lyons, acting director of Immigration and Customs Enforcement, will step down May 31....

Pan Shiyi Breaks Silence with Long Article, Exposing 30-Year Scam in China's Real Estate Industry

China

Pan Shiyi, the former real estate mogul of mainland China and founder of SOHO China, who has been absent from the public eye for over three years, has recently broken his silence by publishing a lengthy article titled "My Reflections." In this piece, he reveals a shocking truth: the Chinese real estate industry has, over the past thirty years, morphed into a complete "Ponzi scheme" under the joint efforts of the Communist Party authorities and real estate companies....

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