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THE RICHEST ASIAN WOMAN YANG HUIYAN HAS BECOME IMPOVERISHED BY 52%

... Billionaires Index), Yang Huiyan's fortune now stands at $11.3 billion (instead of $23.7 billion in 2021). The reason for this, analysts call the growing mortgage crisis in China. The burden of unaffordable loans, which turned out to be the largest Chinese developer Evergrande, led to a sharp drop in the pace of construction in China at the beginning of this year. Rusbankrot wrote about the threat of such a state of affairs for the economy of the Celestial Empire last autumn. This situation has not bypassed the construction business of the Chinese entrepreneur. The company's ...

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