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Why China is sentencing a tycoon to death
Bloomberg
Lai, the former chairman of one of China s largest state-controlled asset management firms, was sentenced to death on January 5, 2021 for soliciting 260 million USD in bribes as well as bigamy.
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The bigamy conviction got a lot of the attention but Lai Xiaomin received a death sentence on Tuesday over a much more serious issue troubling China.