China Sentences Evergrande Founder Xu Jiayin to Life in Prison for Large-Scale Financial Fraud, Imposing $2.4 Billion Fine on Group

The architect of one of China’s most spectacular corporate downfalls, Xu Jiayin (also known as Hui Ka Yan in Cantonese), the founder of the embattled property behemoth Evergrande Group, has…

China Sentences Evergrande Founder Xu Jiayin to Life in Prison for Multi-Billion Dollar Fraud, Company Fined Over $2 Billion

The founder of China Evergrande Group, Xu Jiayin, also known as Hui Ka Yan in Cantonese, has been sentenced to life imprisonment for a litany of financial crimes, including large-scale…

Beijing Rejects Trump’s ‘Fabrications’ of Chinese Election Meddling, Rekindling Voter Fraud Claims Ahead of Midterms

Beijing has vehemently rejected accusations from US President Donald Trump that China interfered in US election data, labeling his statements as "pure fabrications" and "malicious smears." The strong rebuke from…

Major Counterfeit Herbalife Operation Busted in Eastern China, Ring Leader with History of Fraud Apprehended

Police in eastern China have successfully dismantled a sophisticated criminal enterprise responsible for manufacturing and distributing counterfeit Herbalife products, an operation estimated to have generated more than 20 million yuan…