Execution of former head of a Chinese loan company lai xiaomin
Beijing: Lai Xiaomin, former chairman of China’s Huarong Asset Management Company, a leading public sector lender and investment firm, has been sentenced to death in a corruption case. Xiaomi was sentenced by the People’s Court of Tianjin to death for abusing his position at the China Banking Regulatory Commission and in Huarong, and for illegally … Read more