Founder of China's Evergrande pleads guilty to fraud: court
By hurriyetdailynews.com••Hurriyet Daily News
The founder of Chinese property giant Evergrande has pleaded guilty to charges of fraud and bribery, a court said on Tuesday, in the latest blow for what was once the country's leading developer.
BEIJING Guangzhou Evergrande's chairman Xu Jiayin attends a football signing ceremony in Guangzhou, southern China's Guangdong province on May 17, 2012. (AFP) The founder of Chinese property giant …