CHINA’S RICHEST

China’s newdigital barons are rising. One ofits mostambitious global deal makers is falling. And a propertymogul who likes to borrowheavilyis on top. Xu Jiayin — an entrepreneur behind China Evergrande Group — has become the country’s richest person, according to a surveyreleased on ThursdaybyThe Hurun Report. He replaced Wang Jianlin, a propertyand entertainment power broker. China’ s tech tycoons — PonyMa ofTencentand JackMa ofAlibaba — were the second- and third in the survey. The results showan economyfueled byconsumption and a voracious appetite for real estate