Economy
China Sentences Evergrande's Founder to Life and Seizes His Entire Fortune
A Shenzhen court handed Evergrande founder Xu Jiayin a life sentence, stripped his political rights for life, and seized all of his personal assets, while fining two Evergrande entities more than 15.8 billion yuan. Japanese netizens were less struck by the severity than by the sense that the Communist Party, which pushed for growth, was the real party responsible.