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Just four years ago, Evergrande founder Xu Jiayin was China's richest man for a time. But the real estate conglomerate's mountain of debt keeps growing. Beijing has urged Xu to resolve these problems quickly. But banks and rating agencies are shaking their heads.
By Redaktion Table
A little over a year after the security law was passed, Hong Kong's future has never been more uncertain. The US is warning foreign companies about arbitrary government action, courts obstruct trials of imprisoned opposition, young people are suspected of planning bomb attacks, and thousands are turning their backs on the city and moving abroad. Quo vadis, Hong Kong?
By Marcel Grzanna