Suning Group Founder Zhang Jindong's Assets Wiped Out
The news of asset liquidation went viral on social media.
Looking back, my first job right after graduation 16 years ago was as a journalist following my boss on a visit. The first company we visited was Suning's headquarters. Back then, the person hosting the press conference was still Suning's second-in-command. Today, due to poor management combined with Evergrande's massive debt burden, he was completely bankrupted overnight, reverting to square one. In just 10 years, times have changed drastically. It's hard not to feel melancholic ab
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