China NewsChina: Regime in Crisis

Former Chinese Finance Tycoon Executed

Save
Former Chinese Finance Tycoon Executed
Lai Xiaomin, then chairman of China Huarong Asset Management Co., speaks during the Boao Forum for Asia (BFA) Annual Conference 2016 in Boao, south China's Hainan province, on March 24, 2016. STR/AFP via Getty Images
Frank Yue
Updated:

Lai Xiaomin, former chairman of China Huarong Asset Management Co., the country’s largest such firm, was executed by a court in Tianjin city on Jan. 29.

The firm was founded in Beijing on Nov. 8, 1999. Since September 2012, Lai also served as the company’s Chinese Communist Party chief.

Frank Yue
Frank Yue
Author
Frank Yue is a Canada-based journalist for The Epoch Times who covers China-related news. He also holds an M.A. in English language and literature from Tianjin Foreign Studies University, China.
Related Topics