More interesting is how he amassed 10 billions after those failures? Many investors lost money by his bankruptcies.
Being the first chinese real estate company listed on NYSE is a big marketing tools for XIN in China. The deal with TPG demonstrates that they can get capital from US capital market.
For large internet company like BABA, BAIDU, the best way to enter this market is through acquisition or buying stakes in the existing dominating companies. To start from scratch seems to be a slow path.
Does EJ have alliances?
after 7 years drifting on the vast sea. Only desperate captain CEO left with skeletons of investors, waiting for another round of looting. He has made his own fortune and hide it on his own island.
You just give GE a good advice. Remember how he bankrupted his own company and take all investors down the drain before?