Beijing (AFP) Feb 17, 2023
China's financial sector was jolted Friday by reports that Bao Fan, the billionaire chairman of investment bank China Renaissance, had gone missing. No official statements were immediately made by authorities to explain his whereabouts, but there was widespread speculation the prominent businessman had fallen afoul of Beijing and was being held for questioning. Several of China's leading
Chinese tycoons targeted under Xi Jinping
Energy Daily
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