Xiao Jianhua was one of China's richest men. Then he disappeared. Now, three years later, Beijing has dismantled his flagship Tomorrow Group.
Xiao Jianhua Credit: Chinese University of Hong Kong
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Three and a half years ago, in the wee hours of the night, the billionaire financier Xiao Jianhua was led out of the Four Seasons Hotel in Hong Kong in a wheelchair, with a sheet draped over his head, and whisked across the border into China.
He has not been heard from since, and is believed to be detained by the Chinese government under a form of house arrest in Shanghai.
But in a dramatic move Friday, China seized control of his business empire, assets held
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