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Shanghai businessman Richard Yan declared bankrupt after New Zealand liquidators fail to track him down for hearing

Shanghai businessman Richard Yan declared bankrupt after New Zealand liquidators fail to track him down for hearing
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Shanghai businessman Richard Yan sought by New Zealand liquidators for US$60 million debt he owes to collapsed construction firm

Liquidators of collapsed Auckland-based construction company Mainzeal are pursuing Shanghai businessman Richard Yan for over US$60 million that he owes to the company’s creditors, in a case that has implications for Chinese developers operating in New Zealand. ....

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Chinese property developers shrivel up in Australia, New Zealand but are they 'hibernating' for better times?

Many Chinese developers in Australia and New Zealand have closed or scaled back, amid a property crisis in China, weak demand and higher construction costs. ....

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