China sentences tycoon Xiao Jianhua to 13 years in prison
A court in Shanghai on Friday sentenced Chinese-born Canadian billionaire Xiao Jianhua to 13 years in prison after finding him guilty of bribery, illegal use of funds and other financial crimes in a case that has touched upon the highest rungs of Chinese political power. After Xiao disappeared from the Four Seasons hotel in Hong Kong in a suspected abduction…
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