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Asia's richest woman Yang Huiyan loses half her fortune in China property crisis
short by Ankush Verma / on Thursday, 28 July, 2022
Asia's wealthiest woman lost more than half her fortune over the past year as China's real estate sector was hit by a cash crunch, according to the Bloomberg Billionaires Index. Yang Huiyan, a majority shareholder in Chinese property giant Country Garden, saw her net worth plunge by more than 52% to $11.3 billion from $23.7 billion a year ago.
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