this post was submitted on 19 Mar 2024
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What’s next for Hui Ka-yan after China slapped Evergrande with a 4.2 billion yuan fine and banned him from the markets for life? (www.scmp.com)
submitted 1 year ago by Alsephina@lemmy.ml to c/worldnews@lemmy.ml
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[–] PainInTheAES@lemmy.world 6 points 1 year ago

┐⁠(⁠´⁠ー⁠｀⁠)⁠┌

[–] emergencyfood@sh.itjust.works 6 points 1 year ago

Jail, hopefully.

[–] Aria@lemmygrad.ml 5 points 1 year ago

Giving talks at NED funded Think Tanks

[–] thesporkeffect@lemmy.world 3 points 1 year ago (2 children)

I don't respect any authoritarian but I appreciate that China at least has some leverage over their billionaires

[–] Pili@lemmygrad.ml 4 points 1 year ago

We need a state with a certain amount of authority if we want to prevent those billionaires to become the authoritarians, though.

[–] coffeebiscuit@lemmy.world 2 points 1 year ago

(ノಠ益ಠ)ノ彡┻━┻

[–] Inucune@lemmy.world -2 points 1 year ago (1 children)

Is he just the fall guy for everyone above him?

[–] Alsephina@lemmy.ml 11 points 1 year ago

He's the CEO.

[–] Kbobabob@lemmy.world -2 points 1 year ago (1 children)

I don't really care. Do you?

[–] Alsephina@lemmy.ml 10 points 1 year ago

Nope, but it is interesting to see the difference between how a capitalist gov and a socialist gov handle a real estate crisis