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Xu Jiayin: the tycoon behind Evergrande

Moneyweek 02 Oct 2021
© Shutterstock ... In 2012, he rocked up to China’s annual legislative conference wearing a flashy gold-buckled Hermès belt – “the priciest belt for the largest Communist gathering in the world” ... Xu’s own expensive tastes extended to yachts, waterfront mansions in Sydney and the trophy acquisition of China’s largest football club, Guangzhou FC ... .
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