Billionaire owners of Chinese developers have dipped into their own pockets for at least $3.8 billion to save their troubled companies from default, as a cash crunch engulfs the industry. Zhiwu Chen, director of the Asia Global Institute, shares more insights on personal and company assets in the developing Evergrande situation in Bloomberg.
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Chair Professor of Finance, the University of Hong Kong
Room 326-348, Main Building
The University of Hong Kong
Pokfulam, Hong Kong