Police detain executive at China Evergrande’s EV unit. Property sector shows fresh signs of distress
By ELAINE KURTENBACH AP Business Writer BANGKOK (AP) — The electric vehicle unit of troubled Chinese property developer China Evergrande says its vice chairman has been detained by police on “suspicion of illegal crimes.” China Evergrande New Energy Vehicle announced that Liu Yongzhuo had been detained in a notice Monday to the Hong Kong Stock
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