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Why Tycoons Are Still in Charge of Chinese Property Developers Like Evergrande

Why Tycoons Are Still in Charge of Chinese Property Developers Like Evergrande
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China s Property Tycoons Remain in Charge Even as Empires Fall

(Bloomberg) Two years after a crisis erupted at China’s property developers, leaving bills unpaid, homes unbuilt and creditors trying to recover the scraps from defaulted firms, a burning question remains: why are real estate tycoons still owning and running their companies?Most Read from BloombergElizabeth Holmes Objects to $250-a-Month Victim Payments After PrisonInstant Pot and Pyrex Maker Instant Brands Files BankruptcyUS Inflation Slows, Giving Room for Fed to Pause Rate HikesPutin’s Eco

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